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Rate Of Armenia's Economic Growth Is High, But Export Indices Are Al

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  • Rate Of Armenia's Economic Growth Is High, But Export Indices Are Al

    RATE OF ARMENIA'S ECONOMIC GROWTH IS HIGH, BUT EXPORT INDICES ARE ALARMING, NERSES YERITSIAN SAYS

    NOYAN TAPAN
    http://www.nt.am/news.php?shownews=115387
    Ju ly 8
    YEREVAN

    In the near future the RA government will undertake a number of steps
    aimed at improving business environment and liquidating long drawn-out
    bureaucratic proceedings. Nerses Yeritsian, the RA Minister of Economy,
    stated at the July 8 press conference. He said that more attention
    will be paid to small and medium-sized business development.

    The "one window" principle will function for that purpose giving
    beginner businessmen a possibility to receive documents regarding their
    own business from one point, which will also carry out information,
    consultation function.


    According to N. Yeritsian, the provisions to be fulfilled in the sphere
    of business that will be constantly in the focus of government's
    activity are three: promotion of entrepreneurship, protection of
    intellectual property, accessibility of various financing sources
    and electronic services.


    As for the rates of country's economic development, according to the
    Minister, they remain high. "The economic growth is high, harmonious
    with our expectations. Besides, growth in prices is becoming stable
    and growth of salaries exceeds economic growth two-fold," N. Yeritsian
    said. Meanwhile he said that the low level of export is alarming.
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