HIGH SPEED OF ECONOMIC GROWTH IN ARMENIA SHOULD BE PRESERVED 10 YEARS MINIMUM

To overcome the social problems available, Armenia should secure the long-term economic growth during the next ten years at least, executive director of the International Monetary Fund Horst Koehler told at the meeting with chairman of the RoA Central Bank Tigran Sargsian in Yerevan today. As reported by Mediamax agency, in the course of the conversation T. Sargsian noted that the first stage of the economic reforms carried out in Armenia aimed at securing macroeconomic and financial stability. “Now we began the next stage of the reforms providing for expanding of the financial sector, particularly foundation of crediting organizations, and creation of opportunities for mortgage lending”, – CB chairman noted.