The current economic situation in Armenia is quite optimistic, Prime Minister Nikol Pashinyan said at the parliament during a preliminary discussion of the execution of the state budget for 2021 on Tuesday.

Despite the tense global economic situation and pessimistic forecasts, the PM instructed to focus on budget execution, especially on capital expenditures, in order to ensure 7% economic growth.

“The indicators prove that our economy is showing resilience. According to the first quarter, real economic growth is 8.6%. According to the data of the first 4 months, we have an economic activity index of 9.4%, which is quite an optimistic indicator,” Pashinyan said.

This background of optimism, according to the prime minister, significantly increases the flow of people coming to Armenia. So, according to him, the flow of arrivals has increased significantly.

“The balance of arrivals and departures turned out to be positive. He bowed in favor of those arriving,” the PM added.