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Artsvik Minasyan Estimated Armenia's Anti-Crisis Program As Unsatisf

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  • Artsvik Minasyan Estimated Armenia's Anti-Crisis Program As Unsatisf

    ARTSVIK MINASYAN ESTIMATED ARMENIA'S ANTI-CRISIS PROGRAM AS UNSATISFACTORY

    PanARMENIAN.Net
    20.08.2009 15:51 GMT+04:00

    /PanARMENIAN.Net/ Armenian authorities must revise their anti-crisis
    program since inadequate policy in the sphere of eliminating crisis
    impact will not lead to progress.

    Armenian authorities must revise their anti-crisis program since
    inadequate policy in the sphere of eliminating crisis impact will not
    lead to progress, ARFD parliamentarian Artsvik Minasyan told today a
    news conference in Yerevan. Although, Premier Tigran Sargsyan denied
    possibility of country's facing crisis, it became so obvious in the
    course of time that it was already pointless to conceal it, MP said.

    "Demand and purchasing capacity have dropped," Minasyan said, stressing
    the importance of increasing salaries and social allowances to ensure
    high demand.

    "If we take the 5-point scale, my assessment on anti-crisis program
    is on the level of 2," Armenian MP noted, stressing that authorities
    do not properly distribute resources in the sphere of assisting rural
    economy. In that regard, he brought the example of Baghramyan village
    (Armavir province) which has excessive soil needing more water in
    comparison with other areas. But because by government decision
    water in villages should be distributed in equal quantities, the
    village is facing problems. "As a result of such misdistribution,
    people have found themselves on the brink of downfall," Minasyan said.

    Armenian MP anticipates 20 vs. 50% of economic decline, considering
    that Russian economy is in for the second wave of crisis. And since
    Armenian economy is greatly dependent on Russia, such decline will
    also negatively affect Yerevan, he noted.
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