EDB forecasts the GDP growth in the CIS in 2011 will account for 4.5% and by 4.53% in 2012
July 23, 2011
The Eurasian Development Bank expects a 4.5% growth in the CIS economy in 2011. Turkmenistan expects a 9% growth, Uzbekistan an 8% growth, Kazakhstan, Tajikistan and Kyrgyzstan a 6% growth. The countries will become the leaders of Central Asia.
The Eurasian Development Bank believes that the economy of Russia and Ukraine will grow by 4.5%. The Bank also reported the lowest growth rates in Azerbaijan, Moldova and Armenia. Experts are not making forecasts about the economic growth rates of Belarus.
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