Speaking to Sputnik Armenia, President Serzh Sargsyan expressed the hope that the country’s government, led by Prime Minister Karen Karapetyan, will be able to increase the effective management of Armenia’s economy, and accelerate the pace of GDP growth of the country.

“I formulated this task at the government [Cabinet] meeting,” Sargsyan noted in an interview with renowned Russian journalist Dmitry Kiselyov. “Our [current] indicators in no way satisfy either us [i.e. the Armenian authorities] or the Armenian citizens.

“For that reason, I have great hopes, and I believe that we are moving in that direction, and that the new [Armenian] government will fulfill this task, with honor. (…). Here I believe that our sustainable growth will actually accelerate.”