Minister Khachatryan is confident volume of investments will reach 23-25% of GDP in 2023

YEREVAN, FEBRUARY 8, ARMENPRESS. According to the government’s Action Plan, the investment volume in 2023 must reach 23-25% of the GDP, Minister of economic development and investments Tigran Khachatryan told reporters after today’s Cabinet meeting, reports Armenpress.

“This is a key precondition in the world comparisons that ensure sustainable growth grounds, but currently that level will be nearly 18-19%. Our desire is to ensure such conditions for growth to be greatly higher, but everything must have a base, and the investments are that base. If the government manages to stabilize the investments in the mentioned range, and the government will do everything to succeed, be sure that growth will be higher in the subsequent period”, the minister noted.

Edited and translated by Aneta Harutyunyan