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PRIME MINISTER TELLS ECONOMY MINISTER TO INTENSIFY EFFORTS FOR ENHANCING EXPORTS
YEREVAN, February 24. / ARKA /. Armenia's prime minister Hovik
Abrahamyan instructed today economy minister Karen Chshmarityan to
intensify efforts for stimulating exports and improving the investment
climate of the country, after the minister presented a report on what
his ministry had done last year, the government press service reported.
Hovik Abrahamyan said the ministry should focus also on IT industry,
improvement of the investment and business climate and international
economic cooperation.
According to Chshmarityan, Armenia's industrial output last year grew
by 2.7%, while the IT sector posted a 25.2% rise and tourism sector
grew by 11.3%.
According to the National Statistical Service, industrial production in
2014 was worth 1.288 trillion drams. Manufacturing sector accounted for
65.5% of the output, growing last year by 6.1% to 844.6 billion drams,
while mining and quarries declined by 7.4% to 193.1 billion drams.
According to the ministry of economy, about 1.2 million foreigners
visited Armenia last year, up from 1.084 million in 2013. IT sector
grew by 25.2% with nearly $475 million annual turnover. -0-
http://arka.am/en/news/economy/prime_minister_tells_economy_minister_to_intensify _efforts_for_enhancing_exports/#sthash.7uVUMihw.dpuf
YEREVAN, February 24. / ARKA /. Armenia's prime minister Hovik
Abrahamyan instructed today economy minister Karen Chshmarityan to
intensify efforts for stimulating exports and improving the investment
climate of the country, after the minister presented a report on what
his ministry had done last year, the government press service reported.
Hovik Abrahamyan said the ministry should focus also on IT industry,
improvement of the investment and business climate and international
economic cooperation.
According to Chshmarityan, Armenia's industrial output last year grew
by 2.7%, while the IT sector posted a 25.2% rise and tourism sector
grew by 11.3%.
According to the National Statistical Service, industrial production in
2014 was worth 1.288 trillion drams. Manufacturing sector accounted for
65.5% of the output, growing last year by 6.1% to 844.6 billion drams,
while mining and quarries declined by 7.4% to 193.1 billion drams.
According to the ministry of economy, about 1.2 million foreigners
visited Armenia last year, up from 1.084 million in 2013. IT sector
grew by 25.2% with nearly $475 million annual turnover. -0-
http://arka.am/en/news/economy/prime_minister_tells_economy_minister_to_intensify _efforts_for_enhancing_exports/#sthash.7uVUMihw.dpuf