Chief of the IMF Mission to Armenia, Mr. Mark Lewis said that the rehabilitation of the world economy will proceed differently, depending on the region.
“There is a possibility that the pace of economic growth will be slower in developed countries, as compared with developing countries,” Mr. Lewis told a press conference in Yerevan.
“As for the global financial sector, which has been deeply affected by the crisis, the situation has improved here, but has not reached the pre-crisis level,” he said. “Crediting of the private sector has decreased in various countries, it means that the financial sector needs assistance.”
Besides, Mr. Lewis voiced concern over sharp unemployment increase in developed countries.
