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400 Percent Black Petrol Market

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  • 400 Percent Black Petrol Market

    400 PERCENT BLACK PETROL MARKET

    Lragir.am
    20 June 06

    "In Armenia monopoly is not battled, on the contrary, there
    is consolidation and growth of black market. Clans are being
    developed," stated Member of Parliament Tatul Manaseryan June
    20 at the Hayeli Club. According to him, the Armenian economy is
    uncontrollable. "Emergence of monopolies hampers competition greatly,"
    says Tatul Manaseryan.

    If black economy in Armenia is about 70-80 percent, on the petrol
    market it is 400 percent. Presently, twice as less petrol is
    imported to Armenia than in 1995. Whereas the customs services boast
    considerable collections from the import of cars. According to the
    Department of Motor Vehicles, the number of cars has tripled since
    1995. "Please multiply and get twice as less petrol by the rules of
    arithmetic that we have been taught," suggests Tatul Manaseryan.

    Another Republican Member of Parliament Gagik Melikyan thinks that
    the declining consumption of petrol is caused by the rising number of
    cars running on gas. "Why are the filling stations closed down?" asks
    Gagik Melikyan for his part. Certain filling stations were closed
    because they did not comply with standards, and the number of cars
    running on gas did not go so high as to cause consumption of petrol
    to decline twice, insists Tatul Manaseryan.

    Nevertheless, he is optimistic and he thinks that we will have a
    normal economy because it is simply imposed on us.

    From: Emil Lazarian | Ararat NewsPress
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