Everyone has the view that the economic growth that Armenia has is a growth that is independent of the country—but it is not so. Minister of Economy Vahan Kerobyan told reporters about this Monday.

"We had had an economic activity index of 12 percent in the first two months of the year, too, but at that time no geopolitical factor was having an impact [on Armenia’s economy]. Our economic policy gives the result we have planned. In August, the growth of the manufacturing industry was about 40 percent," the economy minister added.