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NKR PM: Establishment Of Mutually Beneficial Economic And Humanitari

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  • NKR PM: Establishment Of Mutually Beneficial Economic And Humanitari

    NKR PM: ESTABLISHMENT OF MUTUALLY BENEFICIAL ECONOMIC AND HUMANITARIAN LINKS WILL PROMOTE RELAXATION OF TENSION BETWEEN THE REGION'S COUNTRIES

    DeFacto Agency, Armenia
    June 22, 2006

    The establishment of mutually beneficial economic and humanitarian
    links, development of scientific-educational and cultural cooperation
    will promote relaxation of tension between the region's countries,
    the NKR PM Anoushavan Danielyan stated, while opening an international
    scientific conference titled "Nagorno Karabakh Republic: Past, Present,
    Future" in Stepanakert.

    The PM stated the amount of investments in the Nagorno Karabakh economy
    increased year by year. "Due to foreign investments we have managed
    to modernize industrial process in a number of branches of economic
    complex", Anoushavan Danielyan said.

    According to A. Danielyan, last year the amount of industrial
    production was increased by 3, 7 times as compared with 2000. The
    amount of industrial output produced in the Republic only for the
    first quarter of the current year surpasses the level of 1999. For
    the last three years the state budget's own revenues increased by 43,
    2 % on average. The amount of the production exported from the NKR
    has been noticeably increased, making $ 38 millions.

    Anoushavan Danielyan remarked the population's money incomes increased
    by almost 2, 2 times compared with 2000. Teachers' salary increased
    by approximately 70 %, that of the health care and culture employees -
    by 30 %.

    2006 state budget's expenditures for social needs increased almost
    by 30 % compared with last year. In 2005 there were about 3 500 new
    jobs in various branches of the Republic economy.
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