ARMENIA TO IMPROVE ITS ECONOMY
The Messenger
Nov 11 2011
Georgia
Armenia’s Prime Minister Tigran Sarkisian stated on November 8 that
in 2012 his country plans to increase economic development up to the
level of the pre-crisis period. During the first five months of this
year Armenia’s economy increased by 5 %. Sarkisian also said that
diversification of the Armenian economy is underway to reach a level
that can create more jobs and eliminate poverty. Some local analysts,
however, express concerns that Armenia could face a second wave of
the economic crisis coming from the direction of the Russian economy,
to which is closely connected.
Disclaimer: This article was contributed and translated into English by Kajoyan Gevork. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2011/11/12/armenia-to-improve-its-economy/