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Armenian Government Playing Crucial Role In Economic Processes Amid

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  • Armenian Government Playing Crucial Role In Economic Processes Amid

    ARMENIAN GOVERNMENT PLAYING CRUCIAL ROLE IN ECONOMIC PROCESSES AMID CRISIS: PRIME MINISTER

    ARKA
    March 2, 2009

    YEREVAN, March 2. /ARKA/. The RA Government's involvement in economic
    relations is inevitable, as it plays a crucial role in economic
    regulation, RA Prime Minister Tigran Sargsyan said during his meeting
    with Armenian entrepreneurs in Moscow.

    "As a result, we are facing a global mistrust in what is going on. In
    other words, the principles of recession and the government's measures
    loom," he was quoted saying.

    He called lack of logic a sign of a new world. "We are witnessing
    changes in criteria and system of values," the premier said, adding
    money is not a success criterion nowadays.

    According to the prime minister, global market participants fail
    taking correct positions, as they lack a common vision.

    "It is obvious that the institutes of private property and competition
    are cracking down, with governments playing more crucial role in
    economic processes," Sargsyan concluded.
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