LOS ANGELES. —The current pace of development of the Armenian economy suggests that there are all prerequisites for economic recovery, said Prime Minister Nikol Pashinyan at Grand Park Los Angeles.

“After a year since the revolution, the Armenian government is able to implement as many large-scale programs as the Lincy Foundation implemented. In the coming years, thousands of kilometers of roads and schools will be repaired in Armenia, kindergartens will be built.

But this does not mean that the Diaspora is no longer in business. On the contrary, it is time for Diaspora investors to take another step and think about economic investments in Armenia, make a profit, get rich in Armenia and enrich Armenia,” he said. “I hope that as the Diaspora becomes next to the revolution in Armenia, so the Diaspora becomes next to the economic revolution in Armenia. I want to invite all entrepreneurs from the Diaspora to Armenia. Systemic corruption uprooted in Armenia. Monopolies and power of the oligarchy have been eliminated in Armenia, the shadow economy is being overcome.”

According to him, the current pace of economic development suggests that there are all prerequisites for economic recovery. 

“I hope that at this decisive hour our compatriots from the Diaspora, entrepreneurs, start-up creators will focus on Armenia and will be engaged in their activities in Armenia,” the PM added.