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TBILISI: Armenian economy needs new engine

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  • TBILISI: Armenian economy needs new engine

    The Messenger, Georgia
    July 30 2010

    Armenian economy needs new engine


    By Messenger Staff Thursday, July 29
    IMF Permanent Representative in Armenia Guillermo Tolosa recently
    mentioned that due to the efficient measures taken by the Armenian
    Government the country has resisted the crisis and has developed an
    engine to improve the situation. Tolosa thinks that today Armenia's
    economy has successfully emerged from the crisis and is moving towards
    development, targeting not just overcoming the crisis but further
    developing the economy. He evaluated the country's performance during
    the crisis period highly but said that Armenia still has to grow in
    very sophisticated and difficult ways and faces lots of obstacles.




    From: A. Papazian
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