ArmInfo.Over the past year the government of Armenia faced difficulties, but managed to resolve the issue of maintaining macroeconomic stability. Prime Minister Nikol Pashinyan said yesterday during the meeting with the ambassadors of foreign states and international structures accredited to Armenia.
According to him, who are quoted by the government's press service last September, that is, three months after the revolution, the republic has approached recession, and the economic situation could escalate. However, these negative trends were overcome, and today, in the first quarter of 2019, GDP growth was recorded at 7.1%. Despite the fact, Nikol Pashinyan continued, that the growth volumes are encouraging, however, the statistics of the economic revolution should be slightly higher. "We must increase the growth rate of the economy by at least another 2-3 percent," said the head of government. Nikol Pashinyan considered one of the areas of success the reduction of the shadow economy. In fact, according to him, over the past year, 51 thousand new jobs were revealed in the republic. These are the jobs that employers themselves declared to the tax authorities. "That is, it was not the result of research, as our political opponents often try to present, but the indicators submitted to specific tax authorities declared by specific employers, business. According to our estimates, these 51 thousand jobs are 1/5 of new jobs created over the past year. As a result, this gives about 10 thousand jobs, which, I think, is a good indicator, "the head of government said. He also drew attention to the over-fulfillment of the state budget revenues. "We have already stated that the revenues of the state budget of the current year will be exceeded by about 62 billion drams, which is about $ 130 million. And when I stated this for the first time, it was said that by the end of the year it will be found out, whether this is true or not. But I want to say that in practice we have already achieved this result, and there is no doubt that the over-fulfillment of the state budget revenues will be at a much higher level by the end of the year, "the RA Prime Minister emphasized. Another indicator, as Nikol Pashinyan noted, concerns the field of trade. From May of last year to May of this year, 84 million more checks of cash registers were printed, which means that there are more transactions and made it possible to ensure a significant portion of additional revenues to the state budget. The biggest challenge in the country's economy, according to the Prime Minister, is foreign investment. "We are doing everything possible to create attractive conditions for investors. But there is also the conviction that without an independent judicial system, this problem cannot be fully resolved, since any investor is interested in the security of his investments and acquired property, and only independent judicial system that relies on laws and excludes all subjective approaches can be a guarantee of such security, "the head of government stated.