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ARFD Considers Armenian Government Incapable Of Conducting Effective

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  • ARFD Considers Armenian Government Incapable Of Conducting Effective

    ARFD CONSIDERS ARMENIAN GOVERNMENT INCAPABLE OF CONDUCTING EFFECTIVE ECONOMIC POLICY

    /PanARMENIAN.Net/
    19.11.2009 19:49 GMT+04:00

    /PanARMENIAN.Net/ "Armenian government failed the anti-crisis policy:
    18,3% economic downfall and high inflation are registered in Armenia
    at present," ARF Dashnaktsutyun parliamentary faction MP Artsvik
    Minasyan stated at 2010 state budget parliament hearing.

    According to the MP, Armenian government is conducting ineffective
    credit policy, which is the reason for lack of financial stability
    in RA.

    Commenting on 2010 budget project, the MP characterized the project as
    reactionary as opposed to initiatory or anti-crisis one. "Which spells
    inability of state budget to resolve our citizens' social-economic
    problems in 2010," Artsvik Minasyan emphasized.

    The MP offered the ruling coalition to demand implementation of more
    effective economic policy program from executive authority, adding
    that ARFD will insist on this point until the government acknowledges
    its inability to conduct effective economic policy.
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