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Armenia To Improve Its Economy

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  • Armenia To Improve Its Economy

    ARMENIA TO IMPROVE ITS ECONOMY

    The Messenger
    Nov 11 2011
    Georgia

    Armenia's Prime Minister Tigran Sarkisian stated on November 8 that
    in 2012 his country plans to increase economic development up to the
    level of the pre-crisis period. During the first five months of this
    year Armenia's economy increased by 5 %. Sarkisian also said that
    diversification of the Armenian economy is underway to reach a level
    that can create more jobs and eliminate poverty. Some local analysts,
    however, express concerns that Armenia could face a second wave of
    the economic crisis coming from the direction of the Russian economy,
    to which is closely connected.

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