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YEREVAN, SEPTEMBER 1, ARMENPRESS. Armenia is capable of making its human capital, human potential as a main competitive advantage of economic development, Economy Minister Artsvik Minasyan said in a meeting with the students of YSU Faculty of Economics and Management, “Armenpress” reported.
The Minister said Armenia can do this even being in situation of blockade and war by two neighbors. “These factors limit our opportunities, but they do not eliminate them. We need additional efforts in order to be able to move forward our economy through the use of human capital”, he said.
Minasyan said any economic indicator should not discourage or encourage us so we stopped acting. “Today we do not need 1-2% economic growth, rather we need other basic actions which will be followed by long-term and double-digit economic growths”, the Minister said.