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Premiere expects new council for SME development to yield positive results

27.07.2011 19:01

Premiere expects new council for SME development to yield positive results

 YEREVAN, July 27. / ARKA /. The newly established Council for Development of Small and Medium-Sized Business will yield positive results, Armenian prime minister Tigran Sarkisian said today after its maiden meeting.

"Small and medium businesses have serious economic, political and social importance and have always been regarded by the government as one of its priorities", Sarkisian said.

He said over the last three years the government has conducted a string of measures aimed at creating a favorable environment for SME development, which is designed to create Armenia’s middle class.

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