The economy feels very strong, the recovery phase is in the past, Diaspora Armenian investors are rushing to Armenia, we are doing well. Minister of Economy

by times news cr

2024-08-19 05:32:24

The economy feels very strong, we see how every month the economic growth shows that we are in an active phase of recovery. It can even be said that the recovery phase is in the past, RA Minister of Economy Vahan Kerobyan announced on the air of “Public TV”, assuring that “the numbers are very good” in the fields of agriculture and export as well, and the export index of agricultural products is close to the full year of 2020. to the index.

“I think that by the end of the year we will exceed last year’s figure by at least 30-40 percent. In short, especially after the elections, a significant activation is felt in various branches of the economy, and I think that we are doing well,” said Kerobyan.

It is noteworthy that after presenting these indicators, the Minister of Economy also pointed out the challenges and problems facing the economy: war, Covid, decline or lack of competitiveness, lack of productivity. he hoped that they are included in the government’s plan and, according to the pre-election promise of the authorities, these problems will be solved.

Kerobyan also promised new investments, this time attributing the overcoming of challenges to the good will of potential investors.

“During the last 9 months, after the war, there has been an increase in interest from Diaspora Armenians and domestic investors. People who didn’t even want to hear about Armenia for tens of thousands of people are now rushing to Armenia to do anything to help restore the defense capability, security, and economic strength of their homeland, because it is clear to everyone that if everyone does not participate, then we may not have the strength that will allow us to face the challenges that exist today,” he said.

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