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PRESIDENT SUMS UP THE ECONOMIC YEAR
ArmRadio.am
26.12.2006 12:34
The past year was among the most productive ones, registering over 13
percent growth. This was how President Robert Kocharyan assessed the
economic overview or 2006 during the traditional meeting with more
than 60 representatives of business circles of the republic. The
President said that in most part the economic growth was ensured
due to the development of construction, trade and service sector,
which enabled to completely secure budget execution and increase the
budget revenues with about 17 billion AMD, President's Press Office
informs. "The economic growth of the past two years enables to form
a socially targeted budget. The expenditures are annually rising in
the social, healthcare and educational spheres, salaries are also
steadily growing. Next year we'll accomplish also the large-scale
"Millennium Challenge" and "Linsi" programs, said Robert Kocharyan. As
a guarantee of successful economic development the President emphasized
the continuation of reforms in all spheres.
Turning to the possible risks in the activity of the executive
authority in a pre-election year, the President said economy will face
no problems. "The executive will work more coordinately to have the
pre-election moods exert no influence on the economic activity. I see
no other risks for business and it is realistic to suppose that our
country will uphold the pace of development in the course of the past
six years. Adherence to reforms should find its expression not only in
speeches, but also in the activity of the Government. I'm interested
in your success and we regard you as partners in the development
of the Republic of Armenia. If this was not the case, we would not
register the success we achieved during the past years, and this is
the outcome of our joint work, for which I express gratitude to you,"
said the President.
Congratulating the upcoming New Year and Christmas, Robert Kocharyan
wished them good spirit and great revenues, and reminded about the
necessity of timely and complete accomplishment of tax obligations.
ArmRadio.am
26.12.2006 12:34
The past year was among the most productive ones, registering over 13
percent growth. This was how President Robert Kocharyan assessed the
economic overview or 2006 during the traditional meeting with more
than 60 representatives of business circles of the republic. The
President said that in most part the economic growth was ensured
due to the development of construction, trade and service sector,
which enabled to completely secure budget execution and increase the
budget revenues with about 17 billion AMD, President's Press Office
informs. "The economic growth of the past two years enables to form
a socially targeted budget. The expenditures are annually rising in
the social, healthcare and educational spheres, salaries are also
steadily growing. Next year we'll accomplish also the large-scale
"Millennium Challenge" and "Linsi" programs, said Robert Kocharyan. As
a guarantee of successful economic development the President emphasized
the continuation of reforms in all spheres.
Turning to the possible risks in the activity of the executive
authority in a pre-election year, the President said economy will face
no problems. "The executive will work more coordinately to have the
pre-election moods exert no influence on the economic activity. I see
no other risks for business and it is realistic to suppose that our
country will uphold the pace of development in the course of the past
six years. Adherence to reforms should find its expression not only in
speeches, but also in the activity of the Government. I'm interested
in your success and we regard you as partners in the development
of the Republic of Armenia. If this was not the case, we would not
register the success we achieved during the past years, and this is
the outcome of our joint work, for which I express gratitude to you,"
said the President.
Congratulating the upcoming New Year and Christmas, Robert Kocharyan
wished them good spirit and great revenues, and reminded about the
necessity of timely and complete accomplishment of tax obligations.