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Shadow Economy In Petrolium Makes Up To 400%, Opposition Says

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  • Shadow Economy In Petrolium Makes Up To 400%, Opposition Says

    SHADOW ECONOMY IN PETROLEUM MAKES UP 400%, OPPOSITION SAYS

    Panorama.am
    15:13 20/06/06

    In a debate with Gagik Melikyan, Tatul Manaseryan from opposition
    stated that twice as little petroleum is reported in Armenia today
    against 1995 in case of cars being three times more than in 1995.

    "The decline in petroleum demand may be explained that cars are being
    fueled now with gas," explained his opponent Gagik Melikyan. However
    Manaseryan did not agree saying that gas-feeling stations are opening
    every day. Manaseryan is sure that if shadow economy in Armenia is
    70-80%, the shadow in petroleum is 400%.
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