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Armenian President Expects 7% Economic Growth

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  • Armenian President Expects 7% Economic Growth

    ARMENIAN PRESIDENT EXPECTS 7% ECONOMIC GROWTH

    The Messenger
    June 20 2012
    Georgia

    During the snap meeting conducted by the new government on June 18,
    Armenian President Serzh Sarkisyan stated that in 2012 he expects to
    see 7% economic growth in the country. It should be mentioned that
    some time ago the World Bank prognosis for economic growth in Armenia
    in 2012 was fixed at 4.3%. However, the new Armenian government in
    its action plan highlights different priorities. First it intends to
    increase two-fold the minimum salaries, decrease the level of poverty
    by 5% and create more than 100, 000 new jobs in the country. This
    was declared by PM Tigran Sarkisyan. The Armenian government plans
    to move to the strategy for economic development in the country.



    From: Emil Lazarian | Ararat NewsPress
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