Armenia's Economy Minister, Vahan Kerobyan, unexpectedly resigned without specifying a reason, despite achieving significant economic growth during his term.

Armenia's Economy Minister, Vahan Kerobyan, announced his resignation on Wednesday via a social media post. He provided no specific reason for his decision. Throughout his time in office, he claimed to have worked tirelessly, often six days a week, with an aim to strengthen the Armenian economy. Under his tenure, the GDP of Armenia increased by approximately 100% in US dollars and 50% in Armenian drams compared to 2020.

February 14, 2024
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