01/03/2011 13:10
Local production to help fight inflation
Increase in local production volume may help us fight inflation, head of the Armenian Union of Local Manufacturers Vazgen Safaryan told reporters.
According to him, we need to develop agriculture, increase sown areas, and irrigation water for farmers in border regions should be free.
Safaryan noted that Armenia imports food amounting to $400m, while we can produce half of this in our country. In Safaryan’s words, customs policy can also help us restrain inflation.
In return, Chairman of NA Standing Committee on Social Affairs Hakob Hakobyan said that increasing production base we also need to increase consumer base.
“We need to solve the export problem,” Hakobyan added.