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Economic Index Decrease Of 6-12% Is Expected In Armenia

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  • Economic Index Decrease Of 6-12% Is Expected In Armenia

    ECONOMIC INDEX DECREASE OF 6-12% IS EXPECTED IN ARMENIA

    /PanARMENIAN.Net/
    12.06.2009 19:19 GMT+04:00

    /PanARMENIAN.Net/ RA ex-Prime Minister Hrant Bagratyan noted at
    today's news conference, that in his opinion, economic index decrease
    of 6-12% is expected in Armenia in the end of 2009. "I'm sorry that the
    Government not only refrains from taking any steps to retain decrease
    level at 6% but even impairs the situation by the policy it conducts,"
    he noted.

    Commenting on RA Prime Minister Tigran Sargsyan's statement on economic
    index increase of 1-2 %, expected in 2009 in Armenia, Hrant Bagratyan
    noted that sometimes he's surprised a reasonable man like Tigran
    Sargsyan, allows himself to make such unprofessional statements.

    According to Bagratyan, world financial crisis consequences will be
    mitigated no sooner than 2010 -2011. "In summer 2010 Europe will see
    some improvements, which will be continued in Russia, and only then
    could we make forecasts as to the situation in Armenia," Bagratyan
    stated.
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