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GDP GROWTH IN NAGORNO-KARABAKH REPUBLIC PROJECTED AT 9 TO 11% FOR NEXT TWO OR THREE YEARS
/ARKA/
November 29, 2011
STEPANAKERT
STEPANAKERT, November 29. /ARKA/. GDP growth in Nagorno-Karabakh
Republic is projected at 9 to 11% for the next two or three years,
Karabakhi Prime Minister Ara Harutyunyan said Monday at a regular
meeting of the government.
He singled out industry, construction, energy and agriculture sectors
for fast growth.
The premier found it a great achievement that the republic's per-capita
GDP has already reached Armenia's indicator.
"Investments and deposits have considerably grown in the republic,
and tax collection is satisfactory here," he said.
He said that houses are being built here to solve various social
groups' housing problems, and it is planned to do whatever necessary
to make mortgage loans available to all.
Harutyunyan said that 26% of the government budget is targeted for
social area. These funds are earmarked for health care and education.
"Although consumer price index will stand at 124% or close to it this
year, basic subsistence grew a great deal to 140%," he said. "It could
be higher, if food industry showed considerable achievements." ($1 -
AMD 382.72).
From: Baghdasarian
/ARKA/
November 29, 2011
STEPANAKERT
STEPANAKERT, November 29. /ARKA/. GDP growth in Nagorno-Karabakh
Republic is projected at 9 to 11% for the next two or three years,
Karabakhi Prime Minister Ara Harutyunyan said Monday at a regular
meeting of the government.
He singled out industry, construction, energy and agriculture sectors
for fast growth.
The premier found it a great achievement that the republic's per-capita
GDP has already reached Armenia's indicator.
"Investments and deposits have considerably grown in the republic,
and tax collection is satisfactory here," he said.
He said that houses are being built here to solve various social
groups' housing problems, and it is planned to do whatever necessary
to make mortgage loans available to all.
Harutyunyan said that 26% of the government budget is targeted for
social area. These funds are earmarked for health care and education.
"Although consumer price index will stand at 124% or close to it this
year, basic subsistence grew a great deal to 140%," he said. "It could
be higher, if food industry showed considerable achievements." ($1 -
AMD 382.72).
From: Baghdasarian