SundayAugust 31
  • USD 411.23
  • EUR 541.88
  • RUB 11.13

Armenia’s economy is more diversified and able to resist – Prime Minister

12:34, 15.06.2012 Region: Armenia Theme: Economics, Innovations

YEREVAN.- Armenia’s economy is more diversified and able to resist, Prime Minister Tigran Sargsyan said opening DigiTech Business Expo 2012.

He recalled that the last World Bank’s competitiveness report Armenia made a progress on six steps and, according to the experts, managed to come out of the global financial crisis stronger.

This played an important role in information technology, because, unlike the construction sector which faced a 46% decline due to crisis, IT-sector was marked by 27% growth, he said.

Sargsyan said that the number of people employed in IT-sphere equaled to the workers in the mining industry, but IT experts’ wages are higher.

Armenia News - NEWS.am

More in topic

US businessman wants to build first world-class Armenian franchise

The company will allow its customers to purchase coffee through a mobile device via ConverseBank's app…

Gyumri Technopark is safe and sound – economy minister

And no one is going to close it down…

Armenia Medical Isotope Center may open in fall – Economy Ministry

The decision to establish a nuclear medicine center was made in February 2008…

French offer information systems for Yerevan public transport

“Our energy efficiency systems surely will be of need to Armenia”…

Armenian IT-companies urge president to annual pension law

Constitutional Court recognized unconstitutional a number of provisions of pension law...

Russian minister says they were pleasantly surprised by Armenia-made tablets

Armenian economy is becoming a place to attract investment in high-tech...