Armenia to save economy

Armenia to save economy

 

Armenian Prime Minister Ovik Abramyan said today that Armenia was preparing to withstand the world economic war. He noted that a governmental commission was formed to take measures, come up with laws and decisions to make the national economy more sustainable, Arminfo reports.Vache Gabriyelyan, vice prime minister and the minister for international economic integration and reforms, said that the economy needed foreign currency. In his words, the government prepared a bill to stimulate exports and introduce changes at currency exchange offices.The vice prime minister reminded that euro bonds worth a total of $700 million of emissions had been released in September 2013 at a rate of 6.25%. The bonds were released for 7 years.

 

Armenian Prime Minister Ovik Abramyan said today that Armenia was preparing to withstand the world economic war. He noted that a governmental commission was formed to take measures, come up with laws and decisions to make the national economy more sustainable, Arminfo reports.

Vache Gabriyelyan, vice prime minister and the minister for international economic integration and reforms, said that the economy needed foreign currency. In his words, the government prepared a bill to stimulate exports and introduce changes at currency exchange offices.

The vice prime minister reminded that euro bonds worth a total of $700 million of emissions had been released in September 2013 at a rate of 6.25%. The bonds were released for 7 years.

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