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Armenia’s President expects 7% GDP growth from government

08.05.2013, 15:51
Armenia’s president Serzh Sargsyan said at a government meeting Wednesday the GDP growth target is the same for 2013 as it was for 2012.
Armenia’s President expects 7% GDP growth from government
YEREVAN, May 8. /ARKA/. Armenia’s president Serzh Sargsyan said at a government meeting Wednesday the GDP growth target is the same for 2013 as it was for 2012.

“Last year the government’s task was to ensure 7% economic growth. The target is the same this year, but this time we will be also expecting high-quality performance indicators and solutions to social problems. We will be asking you not about what has been done, but about what is the result”, the president said.

Armenia’s economic growth was 7.2% as of the end of 2012. The 2013 GDP growth projection is 6.2% under the budget.

The president said the results of the work should be measurable and tangible to anyone, and should lead to salary and pension increases in particular.

“We have the most favourable period ahead for plunging into work and solving our citizens’ problems while building securer Armenia”, Sargsyan said.

The president said people expectations from the new government are high and he sees no obstacles for efficient work.

The president wished success to the new cabinet.

“Please do not forget a lot depends on you success”, he said.

Armenia’s premier Tigran Sargsyan assured the government is conscious of the high expectations of people and will do its best to achieve tangible results.

Armenia’s president signed new cabinet appointments Wednesday. –0—