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Armenia should get rid of mania of recording double-digit econ growt

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  • Armenia should get rid of mania of recording double-digit econ growt

    Armenia should get rid of mania of recording double-digit economic
    growth, ARF deputy says

    http://www.nt.am?shownews=1011351

    YEREVAN, JANUARY 16, NOYAN TAPAN. The global economic crisis has both
    negative and positive aspects, the member of "ARF" parliamentary
    faction Ara Nranian expressed an opinion at the January 16 press
    conference. According to him, one positive aspect is the fall in oil
    prices, which is especially good for Armenia, a country that depends
    completely on the import of oil and gasoline. A. Nranian said that this
    circumstance is positive for Armenia from the political point of view
    as well. "In recent months Azerbaijan has been rather quiet in its
    statements as the fall in oil prices has delivered a serious financial
    blow to this country," the ARF deputy noted.

    Besides, in the opinion of A. Nranian, the economic crisis gives
    Armenia an opportunity to get rid of the mania of recording a
    double-digit economic growth. In his words, the members of "ARF"
    faction have always said that the quality of an economic growth is much
    more important than its amount. "Armenia should not be based on one or
    two pillars. We should develop several branches of the economy and
    ensure a qualitative economic growth," A. Nranian said.
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