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Remittances Are Essential For Armenia - Prime Minister

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  • Remittances Are Essential For Armenia - Prime Minister

    REMITTANCES ARE ESSENTIAL FOR ARMENIA - PRIME MINISTER

    news.am
    June 06, 2012 | 15:16

    Remittances are essential for Armenia, Premier Tigran Sargsyan
    stated in Brussels while responding to the questions posed by foreign
    journalists.

    He noted that Armenia's population is three million, whereas
    six-million Armenians live abroad. And those who send remittances to
    Armenia are the ones who left the country in the past twenty years,
    and not the 4-5 million who live abroad as a consequence of the
    Armenian Genocide.

    "This refers to old and new emigrants. Ninety-five percent of the
    old [emigrants] has never been to Armenia, and this contains a huge
    potential which could stimulate our country's economic growth. We have
    designed a new strategy for using this potential. By the initiative
    of President Serzh Sargsyan, a Diaspora Ministry is established for
    the first time; owing to it, we carry out pan-Armenian projects. We
    have dozens of pan-Armenian organizations which implement programs
    toward Armenia's development," said Sargsyan.

    Also, the PM noted that the National Competitiveness Council is
    established, whose objective is to carry out projects which will
    reveal Armenia's competitiveness and make the country competitive,
    and, also, will encourage investments into Armenia.



    From: Emil Lazarian | Ararat NewsPress
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