Tweet
Armenia needs economic development just as much as economic growth
news.am
March 10, 2012 | 13:46
Armenia has to move from the objectives of economic growth to the
concept of economic development, said President Serzh Sargsyan.
The country needs economic development just as much as economic
growth, probably even more, he said addressing the 13th Congress of
the Republican Party of Armenia.
`Economic growth will not solve our problems if it is not based on the
creation of the new areas of economy, new types of activities, new
enterprises, production of new goods and services, especially because
the opportunities of extensive development gradually diminish. All
able people should be engaged in that process and there is no need for
protectionism.
We are undertaking structural changes and reforms based on this
understanding. This is an objective process; it is inevitable and
above any political force. The future belongs to the force which
stands for changes,' he said.
`Our Party has assumed a historic mission of spearheading Armenia's
reforms. We are a large party; tens of thousands are among our ranks.
The time has come for us to increase and renew our qualities. Our
activities result in changes within society and our country; hence we
too should be able to change dynamically.
As a strong, large and people's party, we must accept these
challenges, must accept easily into our economic agenda any new
initiative, if it stems from our national interests, responds to the
current problems and needs of our people and our citizens. That's our
Party's present task.
I am not going to underrate, underestimate or neglect activities of
any honest, working for the national interest Armenian political force
or a party. Moreover, I am glad that our political life is diverse.
However, it is our Party that through its capabilities and prospects
is able to lead toward a new economic policy and new relations, toward
more changes and modernization.'
The President stressed that Armenia as any world state is influenced
by global developments.
`Moreover, in our case there is a direct link between the economic
growth and the amount of remittances coming to the country from
abroad.
Yes, unfortunately today the economic growth or decline in Armenia is
greatly conditioned by the foreign factors. To be able to avoid it in
the future, the economy of tomorrow must be formed today, which in
turn requires changes and modernization in the governance and
administration mechanisms,' he added.
news.am
March 10, 2012 | 13:46
Armenia has to move from the objectives of economic growth to the
concept of economic development, said President Serzh Sargsyan.
The country needs economic development just as much as economic
growth, probably even more, he said addressing the 13th Congress of
the Republican Party of Armenia.
`Economic growth will not solve our problems if it is not based on the
creation of the new areas of economy, new types of activities, new
enterprises, production of new goods and services, especially because
the opportunities of extensive development gradually diminish. All
able people should be engaged in that process and there is no need for
protectionism.
We are undertaking structural changes and reforms based on this
understanding. This is an objective process; it is inevitable and
above any political force. The future belongs to the force which
stands for changes,' he said.
`Our Party has assumed a historic mission of spearheading Armenia's
reforms. We are a large party; tens of thousands are among our ranks.
The time has come for us to increase and renew our qualities. Our
activities result in changes within society and our country; hence we
too should be able to change dynamically.
As a strong, large and people's party, we must accept these
challenges, must accept easily into our economic agenda any new
initiative, if it stems from our national interests, responds to the
current problems and needs of our people and our citizens. That's our
Party's present task.
I am not going to underrate, underestimate or neglect activities of
any honest, working for the national interest Armenian political force
or a party. Moreover, I am glad that our political life is diverse.
However, it is our Party that through its capabilities and prospects
is able to lead toward a new economic policy and new relations, toward
more changes and modernization.'
The President stressed that Armenia as any world state is influenced
by global developments.
`Moreover, in our case there is a direct link between the economic
growth and the amount of remittances coming to the country from
abroad.
Yes, unfortunately today the economic growth or decline in Armenia is
greatly conditioned by the foreign factors. To be able to avoid it in
the future, the economy of tomorrow must be formed today, which in
turn requires changes and modernization in the governance and
administration mechanisms,' he added.