ARMENIA’S ECONOMY MINISTER OPTIMISTIC

The Messenger
March 23 2012
Georgia

In December 2011, Armenia’s government adopted a new industrial
strategy. Recently, Economy Minister Tigran Davtyan stated that the
new policy has already yielded positive results. In the first two
months of 2012 the industrial growth reached 18%. Currently, the
industry’s share of GDP is more than 20%. More than 10 industrial
sectors have the potential to increase exports and further develop.

The country plans to increase its exports threefold by 2020.