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High ranking politicians control strategic areas of the economy

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  • High ranking politicians control strategic areas of the economy

    The Messenger, Georgia
    Nov 28 2008

    High ranking politicians are controlling strategic areas of the
    Armenian economy

    By Messenger staff
    Friday, November 28

    A representative of international organization Freedom House, Chris
    Walker, says that the most alarming fact about Armenia today is that
    its indicators of democracy have not changed over the last few
    years. `The Armenian Government has not carried out any significant
    reforms,' Walker noted.

    Walker believes many fields in Armenia need to be reformed. Several of
    these were mentioned in the EU report concerning the March 1 events.

    Chris Walker thinks that the most problematic sphere in Armenia is
    economics. `Despite the economic growth indicated during the last
    several years, most of the strategic sectors of the economy are in the
    hands of a few high ranking individuals,' he noted. Walker says this
    fact gives reason for concern, because economic freedom promotes
    political freedom.
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