Public TV, Armenia
Oct 17 2007

NKR endorses economic growth plan

[Presenter] The Nagornyy Karabakh national assembly [parliament]
unanimously approved today [17 October] the new cabinet’s programme.
Prime minister Ara Harutyunyan underscored that it is necessary to
continue the socio-economic policies by applying more effective
methods. Harutyunyan said that while the hardships of transitional
economy have been overcome in general, social conditions and low
incomes pose a serious threat to stable development of the country
and establishment of a civil society.

[Karabakh prime minister Ara Harutyunyan, addressing parliament
session] This programme will result in the following main indicators
in 2008-12: a real GDP growth of 14-15 per cent annually; annual
increase of investments by more than 30 per cent. A 14-15 per cent
annual growth will enable [Karabakh] to get into the group of
countries with mid-level income in 2012.