Announcement

Collapse
No announcement yet.

Gagik Minasyan: Economic Situation More Unpredictable That The Polit

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Gagik Minasyan: Economic Situation More Unpredictable That The Polit

    GAGIK MINASYAN: ECONOMIC SITUATION MORE UNPREDICTABLE THAT THE POLITICAL DEVELOPMENTS
    Lena Badeyan

    "Radiolur"
    25.06.2009 15:50

    The Armenian Government is going to take another unprecedented step
    to mitigate the influence of the global financial-economic crisis. It
    will be primarily related to the sphere of construction, Chairman of
    the National Assembly's Standing Committee on Financial-Credit and
    Budgetary Affairs Gagik Minasyan told a press conference today.

    The MP informed that the parliament is not going to pass a vote of
    no confidence in the government for the fact that 15.7% fall has been
    registered instead of the 9.2% growth projected by the state budget.

    Currently the economic situation is more unpredictable than the
    domestic political developments in Armenia. Gagik Minasyan does not
    expect essential surprises from the three parties on the opposition
    field - the Armenian National Congress, ARF Dashnaktsutyun and the
    Heritage Party.

    According to the Chairman of the National Assembly's Standing Committee
    on Financial-Credit and Budgetary Affairs, thanks to the loans from
    international structures and the measures taken, Armenia will manage
    to close the year with a 6-7% downfall. Gagik Minasyan considers
    that this figure is good, because it means that the situation will
    stabilize and even some growth will be registered.

    Gagik Minasyan commented on what could be expected from the opening
    of=2 0 the Armenian-Turkish border. According to the Deputy, Armenia
    is in an advantageous position today. "They have found themselves
    in a situation where they either have to agree to open the roads
    without preconditions or run counter to the international opinion,"
    Gagik Yeganyan said.
Working...
X