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Serzh Sargsyan: We Try To Support Domestic Producer And Stimulate Pe

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  • Serzh Sargsyan: We Try To Support Domestic Producer And Stimulate Pe

    SERZH SARGSYAN: WE TRY TO SUPPORT DOMESTIC PRODUCER AND STIMULATE PEOPLE'S WORK

    ArmInfo
    2009-04-10 00:12:00

    ArmInfo. 'The anti-crisis plan of Armenia does not much differ from
    the other states' anti-crisis programmes despite the fact that
    the country's potential significantly yields to that of the USA,
    Europe and Russia', President of Armenia Serzh Sargsyan said in an
    interview with 'Russia' TV channel. According to him, the country's
    authorities try to support the domestic producer as much as possible
    and stimulate the work of the people, the entrepreneurs with reduced
    profit. 'Anyway, they should work. I think the enterprises working
    even with 1% profit should keep on working', S.

    Sargsyan emphasized and said it does not concern the non-competitive
    enterprises as their support is fraught with more drastic
    consequences. On this occasion, the Armenian president thanked the
    Russian authorities for the credit granted to Armenia ($500 mln
    - ed.) and said it will help to create new jobs, fulfill social
    programmes, solve the infrastructure problems and carry out house
    construction for the people suffered from earthquake (Spitak earthquake
    of 1988 - ed.).

    Along with it, S. Sargsyan marked availability of a specificity of
    influence of the global economic crisis on the country, in particular,
    reduction of the flow of private transfers from foreign Diaspora
    because of the global crisis, that strongly affected the interests
    of many families. Moreover, many people, who annually leave for
    Russia for a seasonal work, currently remain jobless, while many of
    them, having lost a permanent earning abroad, had to return to the
    Motherland. Today, they have to ear their living in Armenia, in view
    of which it is necessary to start implementing large infrastructure
    projects. The Armenian president thinks it is just necessary to
    support the domestic producer and the domestic business, both small
    and medium. S. Sargsyan expressed confidence that Armenia will be able
    to repay the credit amount, especially as the prices for metals and
    chemical products started rising in the world markets over recently.

    The Armenian president partially agreed with the opinion that the
    crisis is not only the problems but also new opportunities we can
    avail of. 'I think such an opinion is connected with an aspiration
    to calm the society and themselves. New potentials mean improvement
    of the administrative staff machinery, the management activity and
    implementation of reforms, that can be carried out in better times
    as well', the president said. 'However, I do not think the crisis is
    the end of everything. The crisis is problem and difficulties. All
    the latest 17-18 years were years of crisis for Armenia, but in this
    case the problem is that everything is in crisis, this is a global
    process and very undesirable', Serzh Sargsyan said.
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