RATE OF ARMENIA’S ECONOMIC GROWTH IS HIGH, BUT EXPORT INDICES ARE ALARMING, NERSES YERITSIAN SAYS
NOYAN TAPAN
Ju ly 8
YEREVAN
In the near future the RA government will undertake a number of steps
aimed at improving business environment and liquidating long drawn-out
bureaucratic proceedings. Nerses Yeritsian, the RA Minister of Economy,
stated at the July 8 press conference. He said that more attention
will be paid to small and medium-sized business development.
The "one window" principle will function for that purpose giving
beginner businessmen a possibility to receive documents regarding their
own business from one point, which will also carry out information,
consultation function.
According to N. Yeritsian, the provisions to be fulfilled in the sphere
of business that will be constantly in the focus of government’s
activity are three: promotion of entrepreneurship, protection of
intellectual property, accessibility of various financing sources
and electronic services.
As for the rates of country’s economic development, according to the
Minister, they remain high. "The economic growth is high, harmonious
with our expectations. Besides, growth in prices is becoming stable
and growth of salaries exceeds economic growth two-fold," N. Yeritsian
said. Meanwhile he said that the low level of export is alarming.