Ministry of Economy plans to double the share of SMEs in the structure of GDP
Ministry of Economy of Armenia plans to double the share of SMEs in the structure of GDP - from the existing 27% to bring it up to 55%. Armenian Minister of Economy Vahan Kerobyan told about this in an interview with the First TV channel.
In particular, in order to achieve such indicators, the government, according to the minister, plans to implement sub-investment programs in rural areas of Armenia, through which it will try to form and participate in the creation of SMEs by capital. That is, the creation of jobs, but not related to agriculture, is envisaged in the villages. In this regard, Kerobyan noted that the increase in the share of SMEs will become a good basis for the creation of large enterprises in the future.
Speaking about agriculture, the minister stressed that there is still early to talk about high productivity in the agricultural sector. He noted that water and land reforms will be implemented to increase productivity. "We plan to provide farmers with the tools to ensure a prosperous life, not save them from poverty," he said.