Armenia eyes sustainable economic growth from 2018 – Armenia’s PM gives interview to Reuters
Public Relations Department of the Armenian Government has published a part of Armenian Prime Minister Karen Karapetyan’s interview to Reuters news agency.
“Armenia is ready to take unpopular steps including cutting state spending and eliminating barriers to private investment in order to get the ailing economy back on a sustainable footing by next year,” RA PM said during the interview.
Karen Karapetyan said a new centre for strategic initiatives would look to draft short- and long-term projects with the private sector.
He said it was "realistic" to try to attract $850 million of investment this year, with the bulk coming from the private sector.
“I think we will be able to withstand (problems) and achieve 3.2 percent growth this year. As soon as we manage to stabilise the economic situation, we'll be able to have sustainable growth from 2018,” the PM noted.
Karen Karapetyan said that his government would also focus on fighting corruption