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Armenia's Economic Growth Decline Starts Causing Concern For Governm

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  • Armenia's Economic Growth Decline Starts Causing Concern For Governm

    ARMENIA'S ECONOMIC GROWTH DECLINE STARTS CAUSING CONCERN FOR GOVERNMENT - NEWSPAPER

    August 03, 2013 | 07:48

    YEREVAN. - The economic growth decline in Armenia in the first half
    of the year has started causing concern for the Government, too. And
    there are reasons for this concern, Hayots Ashkharh daily reports.

    "A slowing down in economic activity is observed especially in the
    second quarter. The fact that the [reduction in] economic activity
    has started causing concern for the government is shown by the PM's
    statement that was made in the past executive session.

    "Accordingly, [PM Tigran] Sargsyan commissioned the members of the
    Government to conduct analyses in the domains which they head and to
    bring to light the phenomena that hinder economic growth.

    "The results of the analyses of the ministers are expected to be
    discussed in the next Government session.

    "The executive is in a hurry and this is not accidental, since there
    is limited time to improve the economic growth indicators," Hayots
    Ashkharh writes.

    News from Armenia - NEWS.am

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