YEREVAN, DECEMBER 20, NOYAN TAPAN. The Productivity and Competitiveness Center founded on the initiative of the Union of Manufacturers and Businessmen (Employers) of Armenia (UMBA) should promote the development of the policy of increasing productivity and competitiveness and the formation of regulating environment in Armenia. UMBA Chairman Arsen Ghazarian stated this at the December 20 round table dedicated to the center's opening. In his words, the center should have functions of a leader in implementing special programs on productivity promotion and improvement and inoformation spread. Chairman of the Central Bank of Armenia Tigran Sargsian said in his speech that the most efficient way of developing the economy is productivity growth. According to him, for this purpose the state should first of all "get rid of non-competitive enterprises". In his opinion, it is necessary to take steps aimed at training and advice of skills on productivity improvement, which will make hundreds of entrepreneurs change their working rules and behavior.

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