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"Post Election Period" Influenced On Armenian Economy

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  • "Post Election Period" Influenced On Armenian Economy

    "POST ELECTION PERIOD" INFLUENCED ON ARMENIAN ECONOMY
    Reporter Armine Minasyan

    Panorama.am
    20:17 24/03/2008

    Interview held with Doctor in economy Tatul Manaseryan.

    How can the post election developments influence on the economy in
    Armenia particularly on the investment field?

    -The situation, of course, can have its impacts on the economy,
    and we can say that it has already had its influence.

    How could you feel it? Based on what do you say that?

    -It is obvious that the businessmen are more careful in their steps,
    not necessarily in all their activities but in most of them, especially
    those concerning long-term cooperation. Especially those businessmen
    are careful who did not ever work in Armenia. What will happen after
    is mainly connected with the government and its further steps.

    In this sense, what can do the government?

    -Many expect more than the country can do. We should be conscious
    of our opportunities, even in some president candidates' projects
    they offered such and such amount of jobs. But today there are not
    so many big enterprises which could offer us jobs. Country can only
    contribute to the creation of jobs with effective economic policy,
    carrying out projects with long perspectives. We should get rid of
    monopoly. The next is the customs duty. We carry out changes too
    often which are confusing for the investors.

    Aren't there problems in tax service?

    - The same concerns the tax service either. This is more vulnerable
    as people can create their opinions about Armenia just starting
    from here. There are many cases when the tax service officers are
    not fair with everybody and carry out different approaches with
    different bodies.

    How could you evaluate today's investment sphere?

    - We can't say that it is risky as the risks will be less dangerous
    when the investors inform other investors that Armenia is not a risky
    country of the business activities.

    From: Emil Lazarian | Ararat NewsPress
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