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Armenia's economy has demonstrated significant growth in recent years, increasing by approximately 30% - MFA

Armenia
Arshaluis Mgdesyan
28.06.24 19:15
83

Armenia's economy has shown significant growth in recent years, increasing by approximately 30%, while state budget revenues have grown by more than 91%.

Deputy Minister of Foreign Affairs of Armenia Vahan Kostanyan stated this during an online session at the 48th Meeting of the Council of Ministers of Foreign Affairs of the Organization of the Black Sea Economic Cooperation (BSEC).

According to him, over the past six years, Armenia has created around 200,000 new jobs, leading to an increase in the total number of jobs by approximately 37%.

"Alongside these impressive and encouraging economic growth figures, we must note that unprecedented challenges to regional peace and security still exist and seriously undermine progress towards sustainable socio-economic development in the Black Sea region," Kostanyan emphasized.

He added that Armenia is committed to further economic development and cooperation with neighboring countries, despite the existing difficulties.

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