ARMENIAN PM: SPECIAL ATTENTION SHOULD BE PAID TO ECONOMIC GROWTH IN 2010

ARKA
Jan 14, 2010

YEREVAN, January 14. /ARKA/. On Thursday, Armenian Prime Minister
Tigran Sargsyan instructed cabinet ministers to concentrate their
efforts on economic growth in 2010.

"Summarizing 2009 results and hearing ministers’ reports, we should
put a special emphasis on the accumulated resources and outline future
steps to speed up economic growth in 2010", the premier said. "For
that, we should single out hose factors hobbling economic development
and remove them."

He said that all the ministers to work out at least three programs
each and keep implementation under their own control.

"Ministers must make every effort to report considerable breakthrough
in 2010," Sargsyan said.

National Statistical Service of Armenia says the country recorded
16-percent economic decline in Jan-Nov 2009, compared with the same
period a year before.

According to the 2010 state budget, Armenia’s GDP is planned to grow
1.2% that year.