Tuesday, March 24 2020 21:06
Alexandr Avanesov

Prime Minister: Armenia will be able to occupy 1% of the global  economy over the next five years

Prime Minister: Armenia will be able to occupy 1% of the global  economy over the next five years

ArmInfo.Over the next five years, Armenia will have to occupy 1% of the global economy. Prime Minister Nikol Pashinyan announced this on March 24 in his address.   According to him, Armenia has real prerequisites to improve its  performance in the global economy. As a result of the coronavirus  epidemic, the global recession will exceed $ 3 trillion. In other  words, loopholes will appear in the world economy, which Armenia will  have to occupy with a total turnover of at least $ 30 billion.

As the head of government noted, today the whole world admires the  talent of the Armenian people, whose efforts even in the conditions  of a rigid coronavirus managed to avoid a shortage of food products,  which was not observed even in developed countries. Nikol Pashinyan  recalled that the government sent 150 billion drams not only to  overcome the crisis, but also to develop in the post-crisis period.  At the upcoming government meeting, a large-scale program to promote  the development of agricultural production will be approved, which  involves zeroing out interest rates on loans, developing agricultural  cooperatives, and other measures. A business assistance program aimed  at increasing the liquidity of companies will also be approved.