Tuesday, 27 September 2016
“It is time to suggest practical solutions” - Karen Karapetyan meets with banking sector representatives
Prime Minister Karen Karapetyan chaired today a consultative meeting, attended by banking sector representatives.
Noting the importance of the meeting, the Premier said to be looking forward to such proposals as might contain practical and innovative solutions that would accelerate the improvement of the business environment and attract investment.
“Our goal is to come aware of the existing problems and challenges in order to understand what the financial and economic system is expecting from the Government. Our goal is to make sure that business breathes easily. In this regard, I expect you to submit proposals as to what specific measures we need to take to provide additional lending for the economy. It is time to suggest practical solutions,” Karen Karapetyan noted.
The Prime Minister invited the banking system representatives to develop appropriate mechanisms for SME lending using the assets available with the banks in order to activate individual sectors of the economy.
Central Bank Chairman Artur Javadyan presented the monetary policy, as well as the overall situation in the sphere of economic lending.
Summing up the meeting, the Head of Government instructed the ministers in charge of the financial and economic bloc to discuss the proposals and continue working closely with the banking system representatives in an effort to address the issues raised and implement various programs in specific fields.
