Head of the committee on financial and economic affairs at the RA Public Council, Vazgen Safaryan predicts a 4,6% GDP growth by the yearend.

“If we make correct investments and develop local cooperation, we will achieve good results,” he said.

Armenia’s economy will revive with development of industry, according to him.

“Any country reorganizes its economic policy after the crisis. For example, in 1933, the U.S. passed a law on industry restoration. A similar law should be adopted in Armenia,” he said.