Armenian PM briefs students on crisis solutionsMarch 24, 2012 - 15:51 AMT PanARMENIAN.Net - On March 24, Armenian Prime Minister participated in student conference titled “20 years of Armenian independent economy” in Armenia’s resort town of Tsaghkadzor. In his report Tigran Sargsyan presented the roots of crisis and possible solutions. According to the PM, Armenia currently faces the problem of creation of favorable climate for savings collection. “Funds collected as a result of the savings must be aimed at economic development, particularly implementation of pension reforms envisaging creation of pension funds,” he said. The PM further underscored the importance of balanced development of the state and “funds distribution from the rich to the poor”, which necessitates domestic sources of economic development. “Currently global economy is interconnected. Customs borders must gradually be eliminated, with trade liberalization and formation of common markets in the world economy playing a major role,” he said. The conference is organized by the student council of the Armenian State University of Economics (ASUE) jointly with Armenian Youth Foundation. Aimed at promoting students’ scientific activity it has brought together over 100 participants. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |