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    Emil Lazarian
  • 15 years ago
    • Categories: News

Industry Is Driving Force Of Armenia’s Economy – MP

INDUSTRY IS DRIVING FORCE OF ARMENIA’S ECONOMY – MP

news.am
June 21 2011
Armenia

YEREVAN.- Armenia registered an unprecedented level of economic
activity in May, said chairman of the Parliament Standing Committee
on Financial-Credit and Budgetary Affairs Gagik Minasyan.

According to him, a new important tendency was revealed – industry
has become the driving force of Armenia’s economy. In particular,
industry growth made 25%. Industry growth is diversified, and is not
based solely on the mining industry, as previously. Growth has been
recorded in food, pharmacology and other industries.

Minasyan says the diversification makes Armenia’s economy more
resistant to international shocks, from which the country is not safe.

The MP forecasts economic growth in Armenia will reach 5%.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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