ArmInfo. Ensuring macroeconomic stability should become the most important guarantee for attracting investments and increasing the potential of the Armenian economy. Deputy Prime Minister Mher Grigoryan stated this on November 2 at the discussions in the parliamentary commissions of the draft state budget of the country in 2021.
According to him, macroeconomic stability is aimed at generating large volumes of income, which is a guarantee of ensuring the security of the state, developing human potential, protecting the environment, and, in general, all areas of life.
Closely cooperating with the Central Bank of the Republic of Armenia, this year we managed to ensure macroeconomic stability, which is an unprecedented phenomenon in the current conditions, especially given the COVID-19 epidemic and the war in Karabakh unleashed by Azerbaijan with the participation of Turkey.
The Deputy Prime Minister stated that 2021 will be a busy year for everyone. He expressed the hope that by joint efforts a draft of the basic economic law of the country will be developed, which will take into account all the risks, accumulate large resources to neutralize and overcome all challenges. "It is obvious that the number one problem will be the efficient use of state budget funds and, accordingly, the logic of financing directions," the Deputy Prime Minister stressed. He also stressed that in the current conditions caused by martial law, it is very important to mobilize all efforts to develop the draft state budget for 2021. At the same time, special attention will be paid to the implementation of the sectoral strategy, which corresponds to the program of the RA government. This strategy will be supported by a program of activities for its implementation.
