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Our economy has suffered a major blow but continues to grow. Papoyan

News|2026/09/03 05:01
Our economy has suffered a major blow but continues to grow. Papoyan

Economy Minister Gevorg Papoyan presents economic growth figures

Our economy has suffered a major blow but has not fallen into crisis, said Economy Minister Gevorg Papoyan during a broadcast on Public Television, discussing export restrictions from Armenia.

“Yes, our economy has received a significant blow, but as a result of that blow, our economy has grown by 6 percent in the first half of the year. This is what I mean by economic growth. Our economy is essentially showing high economic growth indicators; it is clear that if that blow had not occurred, the economic growth would have been much higher,” he noted.

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