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Armenian Ministry Draws Up National Economic Development Programme

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  • Armenian Ministry Draws Up National Economic Development Programme

    ARMENIAN MINISTRY DRAWS UP NATIONAL ECONOMIC DEVELOPMENT PROGRAMME

    Mediamax, Armenia
    Nov 21 2006

    Yerevan, 21 November: The Ministry of Trade and Economic Development
    has drawn up a national strategic programme of stable economic
    development in Armenia, the chief advisor of the minister, Meruzhan
    Akopyan, said in Yerevan today, Mediamax reports. The programme will be
    submitted for the government's consideration in the very near future.

    Meruzhan Akopyan noted that the programme presents the general
    approaches on ensuring stable economic development of Armenia. He
    said that following the endorsement of the programme, special policies
    will be elaborated for each sphere.

    Speaking at a news conference in Yerevan today, Meruzhan Akopyan said
    that the Armenian exporters continue to face serious difficulties,
    caused by the strengthening of the national currency with respect
    to the dollar. He noted that some domestic producers were forced to
    cancel the dollar contracts which were signed in the beginning of
    the current year.

    The chief advisor of the trade and economic development minister
    suggested that in the present situation the state should assist
    exporters. In particular, Akopyan believes that the Central Bank could
    have created more favourable conditions for lending to the small and
    medium-sized business.
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