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NKR PREMIER: INVESTMENTS IN NKR ECONOMY INCREASING YEAR BY YEAR
Arka News Agency, Armenia
June 22 2006
STEPANAKERT, June 22. /ARKA/. Investments in the economy of the
Nagorno-Karabakh Republic (NKR) are increasing year by year.
Production process in a number of economic sectors have been modernized
due to foreign investments, NKR Prime Minister Anushavan Danielyan
stated at the international conference "Nagorno-Karabakh Republic:
past, present, future."
He said that a 3.7-fold increase in industrial output was recorded
in 2005 compared to 2000.
"In the first quarter of 2006 alone more industrial products were
manufactured than in 1999," he said.
According to Danielyan, the internal revenues have increase by 43.2%
on average over the last three years, and exports totaled $38mln.
The NKR Premier also pointed out that this made budget revenues
possible, which had a positive effect on the social sector.
"As regards the population's cash incomes, they have increased 2.2
times since 2000," he said.
The NKR Premier said that social expenses budgeted in the NKR for
2006 have increased by almost 30% compared to 2005. About 3,500 jobs
were created in various economic sectors of the NKR in 2005.
Teachers' salaries have been raised by almost 70%, and salaries of
medical and cultural workers by 30%. P.T. -0--
Arka News Agency, Armenia
June 22 2006
STEPANAKERT, June 22. /ARKA/. Investments in the economy of the
Nagorno-Karabakh Republic (NKR) are increasing year by year.
Production process in a number of economic sectors have been modernized
due to foreign investments, NKR Prime Minister Anushavan Danielyan
stated at the international conference "Nagorno-Karabakh Republic:
past, present, future."
He said that a 3.7-fold increase in industrial output was recorded
in 2005 compared to 2000.
"In the first quarter of 2006 alone more industrial products were
manufactured than in 1999," he said.
According to Danielyan, the internal revenues have increase by 43.2%
on average over the last three years, and exports totaled $38mln.
The NKR Premier also pointed out that this made budget revenues
possible, which had a positive effect on the social sector.
"As regards the population's cash incomes, they have increased 2.2
times since 2000," he said.
The NKR Premier said that social expenses budgeted in the NKR for
2006 have increased by almost 30% compared to 2005. About 3,500 jobs
were created in various economic sectors of the NKR in 2005.
Teachers' salaries have been raised by almost 70%, and salaries of
medical and cultural workers by 30%. P.T. -0--