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Armenia's Premier Optimistic About National Competitiveness Report

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  • Armenia's Premier Optimistic About National Competitiveness Report

    ARMENIA'S PREMIER OPTIMISTIC ABOUT NATIONAL COMPETITIVENESS REPORT

    Tert.am
    15:21 08.09.11

    Before the Sept 8. cabinet sitting, Armenian Prime Minister Tigran
    Sargsyan expressed the confidence that, given the 2011 figures, the
    2011 National Competitiveness Report of Armenia (ACR), will be even
    better. The recently released 2011-2012 Global Competiveness Report,
    which ranks Armenia 92nd among the 142 countries.

    According to the report, Armenia is six ranks up. The Armenian premier
    stressed the importance of "dealing with out strong and weak points,
    due to which our competitiveness rank is rising." "It is a rather
    objective analysis which, first of all, indicates our weak points
    and specifies what should be improved," Premier Sargsyan said.

    The Armenian premier hails the progress in almost all the figures.

    Even better progress would be registered but for last year's price
    rise, which "throws the country 15 points back." "Our strong point
    is the transparency of government policy - we rank 35th among the 142
    countries. Also, we are 48 points up with respect to infrastructure -
    in the IT sector.

    This, first of all, refers to availability of Internet and mobile
    communication. The Armenian premier also pointed out serious progress
    in higher education and retraining - 17 and 19 points up respectively.

    "We are sure that, based on the 2011 figures, the 2011 National
    Competitiveness Report of Armenia (ACR) will be even better than
    the one based on the figures for 2010 and for the first three months
    of 2011. The far smaller price rise this year as compared with last
    year will account for that. We have entered a new price rise stage -
    within 5% rather than 10% - which will have a positive impact. The
    third important factor is the business environment reforms we have
    implemented. We expect five indices to show serious progress this
    year," Premier Tigran Sagsyan said.


    From: Baghdasarian
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