995 599848489

NBG Forecast: Economics Growth to Be around 4.5% in 2018

According to the National Bank forecasts, real GDP growth in 2018 will be around 4.5% thanks to positive contribution from net exports, consumption and investments, as a result of currency inflows from abroad, improvement of business moods and capital expenses of the state budget.

According to NBG estimations, in 2017 GDP growth turned out higher than expected. “According to preliminary indicators, real GDP growth made up 4.8%. Economic performance was improved thanks to positive tendencies in foreign sector.

Namely, exports of goods and services considerably improved, as well as money transfers.