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Economy

Key to solving all the issues is the economic growth. Arayik Harutyunyan

I consider the construction of the Vardenis-Martakert highway as one of the most important programs in Artsakh.

Key to solving all the issues is the economic growth. Arayik Harutyunyan

Key to solving all the issues is the economic growth. Arayik Harutyunyan

STEPANAKERT, MAY 21,  ARTSAKHPRESS: As “Artsakhpress” reports, Chairman of “Free Homeland” party, Arayik Harutyunyan stated this during a meeting with residents of Karvachar, Shahumyan region, noting that it is one of the most beautiful roads in the region.

According to Harutyunyan, energy security and regular electricity supply are directly conditioned by a high-voltage network, which is a reality today.

“Dozens of hydropower plants have been built and are being built. This is most important, because we are not dependent on foreign energy carriers.

During these years, I consider the hydroelectricity as the biggest achievement in Artsakh because I consider oil and gas reserves to be consumed. During the years there will be problems related to price policy but hydropower is the direction of renewable energy, which will not have such problem for millennia.. The largest hydro recourses are in the Shahumyan region, where significant investments are being made,” said Harutyunyan.

According to Harutyunyan , the key to solving all the issues is  the economic  growth.

“During the last 11 years Artsakh's economic growth rates have been one of the highest in the world, with an average of more than 10%, as a result of which the budget that  amounted to 32 billion drams this year has reached 115 billion drams. This has been achieved through the implementation of economic projects and taxes," Harutyunyan noted.


     

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