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The Pace Of Economic Growth In Armenia Is Sufficient

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  • The Pace Of Economic Growth In Armenia Is Sufficient

    THE PACE OF ECONOMIC GROWTH IN ARMENIA IS SUFFICIENT

    armradio.am
    22.10.2008 17:52

    The pace of economic growth in Armenia is satisfactory, and if it
    is maintained during the coming seven years, the GDP of the country
    can double, Cheick Sidi Diarra, UN Under-Secretary-General and High
    Representative for Least Developed Countries, Landlocked Developing
    Countries and Small Island Developing States said during today's
    press conference with the Minister of Economy of Armenia Nerses
    Yeritsyan. He welcomed the 10% economic growth and noted that few
    countries register similar indices. 100% of Armenian children attend
    school, the level of literacy reaches 97-98%.

    According to the UN Under-Secretary-General, those are brilliant
    indices.

    The social indices are also sufficient: the average life expectancy
    is high (77-78), mother and infant mortality has decreased. Armenia
    has a Diaspora, which makes great efforts for the development of the
    country. To be competitive, it is necessary to build a state based
    on knowledge. According to his assessment, Armenia's aspiration to
    be in the field of contemporary leading technologies will help the
    country to rapidly develop the economy. Having a rich human capital
    and technologies, the country can find solutions for overcoming the
    factor of no access to the sea, thus serving as a good example for
    similar countries.

    RA Minister of Economy Nerses Yeritsyan assured that Armenia is
    committed=2 0to the UN development goals. By developing the field
    of information telecommunication, the country will try to become
    progressive and exemplary in the sphere. The Minister noted that
    innovation should become the property of every Armenian citizen. The
    way to that lies through knowledge and freedom of speech, which the
    government has consolidated in its programs and strategies.
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