Premier: Armenia’s Resistive Capacity Must Be Strengthened

PREMIER: ARMENIA’S RESISTIVE CAPACITY MUST BE STRENGTHENED

ARKA
March 23, 2009

YEREVAN, March 23. /ARKA/. We must upgrade our state’s resistive
capacity to stand the impact of the global crisis, Armenian Prime
Minister Tigran Sargsyan said Friday after the discussion with
participation of the President Sargsyan and political parties’ leaders.

He told journalists that they discussed impacts of the global crisis
on Armenia and ways to mitigate them.

"First of all, infrastructures should be considerably strengthened and
small and mid-scale businesses will be provided with support. Support
will be provided to those companies facing temporary difficulties
and unable to overcome them without governmental assistance"

The premier thinks that support should be provided to promising and
export-oriented companies having thousands of employees as well as
those companies processing domestic agricultural products and own
resources.

Sargsyan said that state social programs are aimed at relieving the
difficulties low-income people face amid the crisis.