Economy

Armenia plans to secure 5-7 percent growth in GDP

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Armenia plans to secure 5-7 percent growth in GDP

YEREVAN, JUNE 18, ARMENPRESS: Republic of Armenia compared with developed countries is planning to secure progressive rates of economic growth during coming five years recording 5-7 percent growth in Domestic Gross Profit. Armenpress reports that on June 18 during the out of turn session of the Government about this declared Tigran Sargsyan. Presenting the 2012-2017 program of the Government the Prime Minister mentioned that it would be based on three priorities – increasing the competitiveness of economy, development of human resource, development of institutional abilities. The Prime Minister stressed the importance of formation of tax, customs and competitiveness protection systems which will make that Armenian legislation will be implemented equally and unconditionally for all economic subjects. It is planned by the program to develop the regions of Armenia equally, to secure quality education, health care and cultural services.

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