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President: Azeri Political, Economic Landmines To Explode Soon

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  • President: Azeri Political, Economic Landmines To Explode Soon

    PRESIDENT: AZERI POLITICAL, ECONOMIC LANDMINES TO EXPLODE SOON

    June 5, 2013 - 21:39 AMT

    PanARMENIAN.Net - President Serzh Sargsyan commented on Armenia's
    economic development at the National Security Council sitting.

    According to the President, Armenia's economic development rate
    exceeded those of neighboring countries despite many difficulties the
    country is facing. "In 2012, Armenia posted economic growth of 7,2%,
    with the result to continue into 2013, while the inflation rates will
    remain relatively low and manageable," he noted.

    The president stressed the importance of growth in all sectors of
    economy in overcoming the crisis, with economy diversification having
    yielded positive results.

    He further urged for initiation of new projects and economy
    modernization, with anti-hail systems to be created along with
    overcoming the consequences of the devastating hail.

    The Armenian leader predicted serious regional changes within 3-4
    years.

    President Sargsyan slammed Azeri policy of hatred, noting that
    political and economic landmines in the country will soon explode.

    "The country's poor planning in the face of dwindling oil and gas
    production will inevitably lead to a fiasco, while Azeri youth will
    speak up against the social injustice in the country," he said.

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