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On September 27, Artsakh Republic President Bako Sahakyan chaired the first meeting of the newly formed NKR Cabinet, Artsakh President’s press service reported.

Touching upon the work carried out by the former Cabinet, the President noted that overall it succeeded in realizing the outlined programs, which is clearly demonstrated by macroeconomic indicators of the 2007-2012 socioeconomic development as well by the progress reported in nearly all sectors of economy.

At the same time, the President noted the existence of unsolved and partially solved problems, drawbacks and omissions. According to the President, the new Cabinet should make corresponding conclusions based on objective evaluation of the achievements and elaborate a program that will ensure a qualitatively new level of solving problems the society faces. The President underlined that in the next five years a 9-11% annual economic growth should be secured, adding that there are all necessary conditions and possibilities to realize it in practice.

According to Bako Sahakyan, carrying out large-scale projects in agriculture, mining and energy spheres, which will be the key directions of NKR’s economic development for years to come, will ensure stable rates of economic growth.
In the process of securing progress in the main sectors of economy the President placed special emphasis on the development of science and education, considering as a primary task preparation of high-quality young specialists who should become the basis of the country’s cadre bank.

Marked attention will be paid to the fields of social security, healthcare, tourism, culture and sports. According to the President, extensive activities will be carried out in this direction, which will give a new quality impetus to the development of these important fields.

The President noted that powerful and efficient army is the basis of all achievements, adding that the state will do keep doing everything to develop the armed forces.

Bako Sahakyan noted that he is anticipating honest and hard work on the part of the Cabinet members, compassionate attitude towards the problems the state and society faces. Any other attitude is unacceptable and inadmissible to the President as a human being and as the Head of the State. According to the Artsakh Republic President, even though the existing problems are difficult ones, they are quite solvable.