A
A
Karen Karapetyan: We shall be able to withstand challenges
Armenia is ready to take steps that will reduce state spending and eliminate barriers in private investments in order to put the country’s economy on a stable basis next year,” Armenian Prime Minister said in an interview to Reuters. Karen Karapetyan said the newly opened centre for strategic initiatives would look to develop short- and long-term projects with the private sector. He considered it realistic to attract $850 million-worth investment this year, with the bulk coming from the private sector. The Armenian official said ‘we will be able to withstand challenges and achieve 3.2 percent economic growth this year.’ “Once we stabilize the economic situation, we will be able to have steady economic growth in 2018,” Karapetyan said.
