“What do I mean by saying inclusive economy? Our country’s economic growth and the economic growth model are in great dependency on small number of big companies. As I have stated previously, there are companies in Armenia whose executives’ daily moods and caprices can greatly affect the overall situation of the economy and even cause shocks. Our goal is to create such an economic system, an economic model where large number of companies and citizens will participate in the formation of the GDP, and their impact on the economy will be decentralized as much as possible. But this doesn’t mean that according to our vision there shouldn’t be large companies in the country or we negatively react to large companies. Quite the contrary, we hope that the number of large companies will constantly increase in Armenia, but on the other hand, the impact of separate companies or one company on the gross output will not be significant, and these impacts will be balanced by the activities of other companies, and most importantly, by the micro, small and medium business”, the PM said.
Nikol Pashinyan added that overall he can state that there is a very important emph...
Read full story
