“Investment is realistic when there is an investment program, finance exists and the person who will implement the program. Only in case of the existence of these three factors I consider programs as realistic. I have always announced the programs that have these three components”, the Minister said.
“They make an investment based on the fact that Armenia has favorable business environment. Under this Government investments were carried out in different spheres, energy, industry, healthcare, pharmacy and etc”, Karayan said, adding that the statistics on investments will be presented soon.
“We are holding active talks. 10 days before the Deputy Minister of Economic Development and Investments was in Iran where discussions also were held. They promised to submit proposal on the formation of the company in near future. We will report you the details within 10 days”, the Minister said.
He said the Georgian side proposed quite good terms, and the Russian side made discounts. “Both air and ferry transportation can be alternative to Lars. Today, ferry transportation is organized, and the transportation of some products through Lars checkpoint is more affordable with this option than with a vehicle”, the Minister said.
In February, 2017 0.9% deflation was recorded compared to 1.4% deflation of February, 2016. The 12-month inflation comprised -0.2%. The CBA Board estimates that the 12-month inflation, as was predicted, will continue recovering and will be stabilized over a target figure in the predicted horizon.
We have always said honestly that in 2015 the launch of EAEU complied with unfavorable economic reality in global terms which was reflected on the economy of our states. Nevertheless, our analysis for 2015-2016 clearly shows that without EAEU the figures of our countries would be much worse.
This year significant works are planned for presenting the historical-cultural places as a separate result in tourism field. Programs will be implemented aimed at developing infrastructures in certain historical-cultural places. Those programs have already been improved by the Artsakh Government.