RA Government to determine economic priorities

PanARMENIAN.Net - RA Government should determine priority spheres for country's future development, UITE Executive Director Karen Vardanyan said. "We should decide what country we want in 10-15 years' time, and what spheres should be locomotives for its development," he said. Government determines situational problems and elaborates stable strategy for country's development, expert finds.



Vardanyan positively assessed Armenian Government's anti-crisis measures towards maintaining the level of social expenses, however, "if that is not accompanied by strategic development, we may face great problems in future."



Besides, Armenian Government has reduced 2010 budgetary expenses for developing IT sphere.
 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
---