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Karen Karapetyan. “Artsakh is the “driver” of the economy of Armenia. The GDP in NKR has grown by 9.1 % in 2015

November 08,2016 23:40

Within the last 10 years stable economic growth is ensured in NKR thanks to the implemented economic policy, the average of which has been approximately 10%. In 2015 the gross domestic product -the GDP- by its real expression has grown by 9.1%, constituting it equivalent to 438 million dollars. In 2015 the GDP per person was 3 thousand dollars, which exceeds the level of 2006 four times. This was announced by the government of NKR. During the press conference of the Prime Ministers of NKR and RA given in the castle of Tigranakert city in Artsakh, one of the journalists asked, “is it expected to have double-digit economic growth, does the slowdown of the growth of the economy of Armenia depend on the Russian economy, does the economy of Armenia have impact on the growth of the economy of Artsakh, how Artsakh succeeds in ensuring such growth of GDP, what is the secret of that and why the government of Artsakh did not share with it?”

“With what? with the growth?” joked Prime Minister of RA in answer to the question. Prime Minister of NKR Arayik Harutyunyan said that the main field ensuring the growth was energetics, and the structure of the GDP growth was also changed;

“The field ensuring the DGP growth is hydro-energetic. If from 2002 to 2007 on average it was produced 90 million kilowatt energy, then this year 300 million kilowatt was produced, and it is increasing continuously. It is not only the production of electro energy, it is also the construction. Why it does not exist in Armenia because that potential in Armenia was used in the years on 2000-2008. The economy of NK divides in phases- from 1992 to 1996, when Armenia supported Karabakh with everything. From 1996 to 2008 when Armenia did not support with anything except providing intergovernmental loan, and its logic was different. And from 2009 up to now that Armenia supports with everything especially in the direction of the investment field and its promotion, as a result of which we have ensured quite big investments.   The first were HPPs, energetics around 50 million dollar investment this year, mining industry-  the mine of Kashen started working, as well as agriculture, the advantage is that we have supported agriculture from the state budget.”

“They are champions in terms of growth, they are champions by the brave steps of the fashion,”  remarked RA Prime Minister Karen Karapetyan.

RA Prime Minister also said that if they managed to activate the economy of the Republic of Armenia, it would have a multiplicative effect. The Prime Minister of Artsakh noticed that the economic growth of Karabakh had its effect on the economy of Armenia because those investments for example in the field of construction, cement and other construction materials were obtained from Armenia.

“It is the “driver” of the economy of RA,” said Karen Karapetyan. NKR Prime Minister Arayik Harutyunyan compared the support provided by Armenia during the governance of Robert Kocharyan and Serzh Sargsyan, emphasizing that till 2008 Artsakh did not record any economic growth , which was not the oversight of the authorities of Artsakh but Armenia.

“During the usual meeting with Prime Minister Tigran Sargsyan I thanked and compared with the wartime, when Armenia being in a difficult situation was supporting with everything, of course today and yesterday also it was so especially since 2008.  Please, pay a careful attention to the fact that since 2008 our relationships with RA were not limited only by financial intergovernmental loan but by involving investment in terms of implementing different projects. But before 2008 there were no such opportunities that’s why  energetics did not developed in Artsakh, there was no active loaning in agriculture that’s why from 1996 till 2008 no new technology was brought to Karabakh. It was not the result of the inactivity of the Karabakh authorities. Yes, there was not that attitude from the government of RA that we have today. That is why we could ensure greater economic growth. And what year 2008 was for RA you know.”

https://www.youtube.com/watch?v=fICROUKN5fs

Nelly BABAYAN  

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