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Gayane Hovsepyan

Armenia Shoots for 9% Economic Growth

Armenian Economy Minister Vahan Kerobyan announced that the government is shooting for 9% economic growth and hopes to benefit from the possible reopening of regional transportation links.

Kerobyan, during a press briefing with journalists today following a government cabinet session, said that the country’s economy must be sufficiently competitive if trade routes reopen.

Sounding a realistic note, Kerobyan said local Armenians and those living abroad would be the most likely investors in post-war Armenia.

Kerobyan said that Deputy Economy Minister Anna Hakobyan resigned due to personal issues and was not sacked.

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