EDB: Member states' economic growth to speed up to 2.2% in 2018
Eurasian Development Bank (EDB) analysts forecast positive economic growth in the lender's member states and a 2.2% increase in the region's GDPs in 2018. In Armenia GDP is expected to rise by 3%, Belarus 2.6%, Kazakhstan 3.7%, Kyrgyzstan 4.2%, Russia 2%, and Tajikistan 7.3%. At the end of 2017, the region's GDP grew by 1.8%, compared to a decline of 0.1% in 2016.