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NKR endorses economic growth plan

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  • NKR endorses economic growth plan

    Public TV, Armenia
    Oct 17 2007


    NKR endorses economic growth plan


    [Presenter] The Nagornyy Karabakh national assembly [parliament]
    unanimously approved today [17 October] the new cabinet's programme.
    Prime minister Ara Harutyunyan underscored that it is necessary to
    continue the socio-economic policies by applying more effective
    methods. Harutyunyan said that while the hardships of transitional
    economy have been overcome in general, social conditions and low
    incomes pose a serious threat to stable development of the country
    and establishment of a civil society.

    [Karabakh prime minister Ara Harutyunyan, addressing parliament
    session] This programme will result in the following main indicators
    in 2008-12: a real GDP growth of 14-15 per cent annually; annual
    increase of investments by more than 30 per cent. A 14-15 per cent
    annual growth will enable [Karabakh] to get into the group of
    countries with mid-level income in 2012.
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