THE PACE OF ECONOMIC GROWTH IN ARMENIA IS SUFFICIENT

armradio.am
22.10.2008 17:52

The pace of economic growth in Armenia is satisfactory, and if it
is maintained during the coming seven years, the GDP of the country
can double, Cheick Sidi Diarra, UN Under-Secretary-General and High
Representative for Least Developed Countries, Landlocked Developing
Countries and Small Island Developing States said during today’s
press conference with the Minister of Economy of Armenia Nerses
Yeritsyan. He welcomed the 10% economic growth and noted that few
countries register similar indices. 100% of Armenian children attend
school, the level of literacy reaches 97-98%.

According to the UN Under-Secretary-General, those are brilliant
indices.

The social indices are also sufficient: the average life expectancy
is high (77-78), mother and infant mortality has decreased. Armenia
has a Diaspora, which makes great efforts for the development of the
country. To be competitive, it is necessary to build a state based
on knowledge. According to his assessment, Armenia’s aspiration to
be in the field of contemporary leading technologies will help the
country to rapidly develop the economy. Having a rich human capital
and technologies, the country can find solutions for overcoming the
factor of no access to the sea, thus serving as a good example for
similar countries.

RA Minister of Economy Nerses Yeritsyan assured that Armenia is
committed=2 0to the UN development goals. By developing the field
of information telecommunication, the country will try to become
progressive and exemplary in the sphere. The Minister noted that
innovation should become the property of every Armenian citizen. The
way to that lies through knowledge and freedom of speech, which the
government has consolidated in its programs and strategies.