ArmInfo. Exports of goods of Armenian origin have increased more than 2.2 times compared to 2017. Armenian Minister of Economy Gevorg Papoyan announced this on his Facebook page.
Specifically, he noted that the volume of exports of domestically produced goods in 2017 amounted to $2 billion, and by the end of 2025, it will reach $4.46 billion. The Minister emphasized that these figures do not include re-exports.
Papoyan also presented the achieved results in labor productivity. According to him, this figure was $5.6 per hour in 2017, and $11.3 per hour in 2025, representing a more than twofold increase. "This growth could not have occurred without increased productivity within our programs, the combined portfolio of which already reaches approximately $1.5 billion. This means that our business has acquired the latest equipment worth $1.5 billion, and the state is fully or substantially paying the interest on loans and leasing for its acquisition," he emphasized.
