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45 FAMILIES IN ARMENIA CONTROL OVER 50% OF GDP: EX-PRIME MINISTER
Yerevan, December 8. ArmInfo. 45 families in Armenia control over
50% of the republic's GDP, the ex-Prime Minister of Armenia, Hrant
Bagratyan, said at today's press-conference.
According to him, such a tight control affects the economic and
political life of Armenia. Change of values has happened within
the last 10 years and all the internal political developments
cause redistribution of influence in the economic, political and
cultural spheres but not a growth of economy, Bagratyan said. He
added that Armenia is a small country and no one hampers the country's
Parliament to pass Laws, contributing to demonopolization of business,
of the import, in particular. It is possible, for example, to limit,
by the Law, the import of oil to the country as not to create oil
magnates. The present situation does not allow to form a healthy
competition in the country, Bagratyan said.
He assured that today's two-digit rates of RA economy growth are
exaggerated in fact 2-2,5 times at minimum. Actually, the country's
economy resolves only the vital problems of feeding a three-million
population of the Republic and a serious development is out of the
question. No modern technologies or even a culture of production
have been implemented for the last years. H. Bagratyan noted that
the reconstruction of the Yerevan "Zvartnots" airport in view of this
was carried out mainly by Turks.
Yerevan, December 8. ArmInfo. 45 families in Armenia control over
50% of the republic's GDP, the ex-Prime Minister of Armenia, Hrant
Bagratyan, said at today's press-conference.
According to him, such a tight control affects the economic and
political life of Armenia. Change of values has happened within
the last 10 years and all the internal political developments
cause redistribution of influence in the economic, political and
cultural spheres but not a growth of economy, Bagratyan said. He
added that Armenia is a small country and no one hampers the country's
Parliament to pass Laws, contributing to demonopolization of business,
of the import, in particular. It is possible, for example, to limit,
by the Law, the import of oil to the country as not to create oil
magnates. The present situation does not allow to form a healthy
competition in the country, Bagratyan said.
He assured that today's two-digit rates of RA economy growth are
exaggerated in fact 2-2,5 times at minimum. Actually, the country's
economy resolves only the vital problems of feeding a three-million
population of the Republic and a serious development is out of the
question. No modern technologies or even a culture of production
have been implemented for the last years. H. Bagratyan noted that
the reconstruction of the Yerevan "Zvartnots" airport in view of this
was carried out mainly by Turks.