05, 2010

Congratulatory Address by President Serzh Sargsyan on the occasion of Labor Day

Dear Compatriots,

I congratulate you on the occasion of Labor Day.

This internationally acclaimed holiday is called upon to honor the labor and the laborer and to promote the protection of the rights of the workers.

These issues are directly linked to the economic life of the country. The global financial and economic crisis has had its impact on Armenia too. The Armenian authorities have been undertaking steps to mitigate the negative consequences of the crisis and enhance speedy recovery. In this period of time, we have been paying special attention to the social area and have been doing our best to preserve jobs. The state has fulfilled its obligations to ensure the allotment of all social benefits and salaries.

Economic indices for the first months of this year have already been higher than we
expected. It means that the economic growth will translate into new jobs and a higher standard of living.

I once again congratulate you on May 1 holiday, and I have no doubt that our hard-working people will continue to build and create for the benefit of our Motherland.

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