We must enhance our economy's growth potential - Central Bank Governor

YEREVAN, OCTOBER 29, ARMENPRESS.  In response to the question about what would happen if, at some point, the indicators of gold re-export intermediary incomes in Armenia became zero, Central Bank President Martin Galstyan stated, "We will return to the rhythm of our normal life."

At a press conference held on October 29, Galstyan emphasized that the economy of Armenia will eventually grow in accordance with its capabilities.

"Sooner or later, our exports will be what our exports are, and imports will correspond to existing demand. Essentially, the extreme volatility we have observed over the past few years has significantly flattened out.

Our economy has growth potential, and we must do everything possible to enhance this potential. In other words, our potential GDP will increase, and we will evolve into a country that produces more high-quality and unique products. The products and services we create will become more sophisticated, leading to higher profitability. As a country, we should focus on addressing these challenges," he said.