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Rational use of resources may put Armenia to 10-11% GDP growth in 2013 : Expert

YEREVAN, March 15. /ARKA/. Armenia may post 10-11% GDP growth in 2013 applying to an effective use of resources, Alternative Center director Tatul Manaseryan told reporters on Friday.
“The forecasted benchmark of 5-7% growth should be the least we can do. We have opportunities to hit more dynamic growth if we efficiently use the current human, natural, industrial and financial resources,” he said.

Manaseryan added educating highly professionals is a key to ensuring high economic and, particularly, industrial growth.

“We have quite serious flaws in post-high school education, and the spheres which are marked by the government as priority ones, pharmaceutics and precision engineering, need specialists of this level of education,” he noted.

The expert also said this year agricultural sphere will grow, and also construction sphere will post some active dynamic.

Manasaryan highlighted Armenia should develop not only mining , but also processing sector. For that, processing enterprises should receive more benefits.

Armenia posted 7.2% economic growth in 2012. In 2013 GDP growth is forecasted at 6.2%.

According to the consensus forecast that included assessments of IMF, WB and EBRD, GDP growth in Armenia will hit 4.6%.—0-

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