Thursday, January 14 2021 14:50
Alexandr Avanesov

RA Minister of Economy: My goal is double-digit economic growth

RA Minister of Economy: My goal is double-digit economic growth

ArmInfo."My optimism regarding the economy has not changed. My goal is double-digit economic growth," Minister of Economy of Armenia Vahan Keropyan told  reporters on January 14.

According to him, according to the results of last year, the economic  decline in the country will be about 8.5%, the volumes of import,  export and consumption decreased by 20%. "However, my optimism about  the economy has not changed. My goal is to ensure double-digit  economic growth," the Minister said. He added that steps are being  taken to stabilize the economy. The issues on the government's agenda  are aimed at unlocking economic potential and creating better  conditions for business.

The Minister stressed that, despite the current situation, interest  in Armenia is not decreasing. "Almost every day I meet with  investors, solving their problems," Keropyan said. He added that  recently the issue was resolved with the Ration company, which is  engaged in urban development, and intends to invest 100 million drams  for the construction of a residential building on Teryan Street in  the center of Yerevan.

The Minister stressed that the executive body is doing everything to  protect domestic producers, and in this context, he did not rule out  the prolongation of the government's decision to ban the import of  Turkish products.