417.08 EUR 
536.74 RUR 
Armenia reports the best economic activity index in CIS over 8 months-PM
YEREVAN, October 15. /ARKA/. Economic activity in Armenia reports 8.3%, and inflation- 2.2% over 8 months this year: one of the best results compared to the other post-Soviet republics, Armenia’s Prime Minister Tigran Sargsyan said
“I can state with confidence that now we enjoy the outcomes of our anti-crisis program. But it is not enough, of course, heeding a sharp tumble of the domestic product, which we faced in 2010,” he added at the second Armenian-Russian interregional forum held in Yerevan on Saturday.
After the May parliamentary elections the government designed the new economic program, “implementation of which is of the utmost importance for me, as for a prime minister.”
“Our aim is to enhance competitiveness of Armenia. Macroeconomic stability is the main priority for us. Mobilization of resources under the balanced approach is just necessary to develop in the current global high turbulence.”
He also highlighted that the country must move forward depending on its own funds, but also not to be afraid of borrowings, which “ can lead to creation of new jobs, modernization of economic infrastructure and improvement of conditions for attracting investments.”
“Majority of conflicts come to Armenia from outside, and we can’t influence many factors, but we have a competent team in the government administration, which is capable of evaluating all the risks and undertake the necessary measures.”
The forum gathered over 300 representatives of the central and regional authorities, business, non-governmental organizations of
Russia and Armenia, the delegation of Russia’s 13 regions, and all regions of Armenia.
Russia’s delegations, particularly those of Moscow and St. Petersburg, discussed prospects for interregional cooperation with their Armenian colleagues.
A number of agreements are expected to be signed within the forum, such as on cooperation between Vayots Dzor region of Armenia and Russia’s Arkhangelsk region, Armenia’s Lori and South Caucasus Railway cjsc.
After the plenary session the forum participants will go on with discussions in front of the round table.
The first Armenian-Russian interregional forum was held in Yerevan on April 18-20, 2011.
A number of agreements were reached following the forum, including the memorandum signed between SCR and Armenia’s government on launching a construction of a 32-km segment of Vanadzor-Fioletovo railway. -0-
13:19 15.10.2012
