PM Karen Karapetyan is Optimistic about Armenia

Newly appointed Armenian Prime Minister Karen Karapetyan, addressing a government cabinet session today, said that the country had a great reserve of resources that must be utilized.

Karapetyan said that a number of new economic steps would be taken that might not be understood or accepted. He did not specify what those steps would be.

The prime minister added that the government would stand by the socially vulnerable strata of society in Armenia and that it would try to jump start certain business sectors that could lead to a surplus value.

Karapetyan said that he expected newly appointed agricultural minister Ignaty Arakelyan to draft a comprehensive development plan incorporating all sectors with growth potential.

Karapetyan also instructed the new finance minister Varden Aramvan to propose new ways to organize government expenditures, given that the current system is complex and top heavy.

Karapetyan introduced the newly appointed minister of agriculture Ignaty Arakelyan to the ministry’sstaff. He also thanked the ex-minister Sergo Karapetyan, expressing confidence that he will use this experience and skills in the development of this sector.

The prime minister described the new minister as a person with rich professional experience and excellent knowledge of the topic.

“We need to find out the obstacles hindering the development of agricultural business. We should be open and accessible both to farmers and entrepreneurs,” said Karapetian. He also noted that farmers and businesmen should regard the ministry as the defender of their interests and the “ombudsman” of agriculture.

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