ArmInfo.In the next 5 years, Armenia intends to ensure at least 7% economic growth, and under favorable conditions - 9%. Armenian Minister of Economy Vahan Kerobyan stated this during his speech at the 5th Congress of the Republican Union of Employers of Armenia.
"We have serious work to do in order to confront the challenges that our country faces today. This means that we need to make great efforts, "he said.
The minister recalled that the previous year and a half were difficult enough for the country's economy. In this context, he pointed to the coronavirus pandemic and the war in Artsakh. Consumption markets, supply chains and the labor market are under threat. However, thanks to the efforts of the government, as the minister further said, it was possible to reduce the loss of economic potential and save jobs. "After a year and a half, I can say that these efforts were justified. In June, we registered a record figure for the number of registered employees, the number of which reached 643 thousand, "he said.
At the same time, Vahan Kerobyan said that the government has to carry out many reforms, including in the field of public administration, agriculture, urban planning, etc. "Our goal is to increase the managerial efficiency of the state system, which would be able to solve the tasks facing it," he stressed. Speaking about the agricultural sector, the minister said that there is a large package of reforms, in particular in land and water legislation. In the next 5 years, the Ministry plans to increase productivity in agriculture, which will allow farmers to get out of the poverty line, earn money and live with dignity. The government's focus, according to the minister, will also be aimed at increasing labor productivity. "We cannot brag about this low figure now, so we have identified several programs that will be aimed at increasing it. These will be consulting services, digital transformation, provision of preferential financial resources, modernization of the equipment fleet, etc.>, the official said.
