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Armenian Opposition Prepares Anti-Crisis Program

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  • Armenian Opposition Prepares Anti-Crisis Program

    ARMENIAN OPPOSITION PREPARES ANTI-CRISIS PROGRAM

    Aysor
    Nov 10 2009
    Armenia

    The oppositional Armenian National Congress (ANC) pays great attention
    not only to political matters but to economical and social ones,
    said at press-conference coordinator of Armenian National Congress
    Levon Zurabyan. He also pointed that this year's January-September
    mark cutback of economic activity by 18%.

    "Armenia holds the record for economic recession. This demands on an
    explanation," he said blaming authorities for providing benefits for
    some oligarchs involved in import deals.

    Armenia's economy is in a great dependence on foreign transfers which
    have decreased over past months because of crisis. "If transfers
    decline by 40-50%, Armenia's economy will face collapse. In this
    case the authorities should provide low pricing, otherwise people
    will not be able even to pay utility bills," he said.

    According to Levon Zurabyan winter will bring some social impairing.

    Meanwhile, Armenian National Congress is developing anti-crisis
    program and will present it soon, he announced.
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