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news.am, Armenia
July 22 2011
Armenian Government aware of capital outflow - PM
July 22, 2011 | 21:21
YEREVAN. - The Government of Armenia has a clear idea about the
outflow of capital and there is no ground for concern in this regard,
said Armenian Prime Minister Tigran Sargsyan at meeting with
intellectuals of Aragatsotn region on Friday.
"Capital flows, balance of payments of our country are studied very
carefully and the Central Bank carries out this function on a
professional level. Of course, there are cases when our people do not
build factories in Armenia but abroad. But on the other hand, pursuing
liberal policy, we cannot apply restrictions on our plants to control
their cash flow. The interests of our country also suggest this. If
economic agents operating in Armenia will manage to diversify their
business, it will ensure the financial stability of the state ", said
the PM.
July 22 2011
Armenian Government aware of capital outflow - PM
July 22, 2011 | 21:21
YEREVAN. - The Government of Armenia has a clear idea about the
outflow of capital and there is no ground for concern in this regard,
said Armenian Prime Minister Tigran Sargsyan at meeting with
intellectuals of Aragatsotn region on Friday.
"Capital flows, balance of payments of our country are studied very
carefully and the Central Bank carries out this function on a
professional level. Of course, there are cases when our people do not
build factories in Armenia but abroad. But on the other hand, pursuing
liberal policy, we cannot apply restrictions on our plants to control
their cash flow. The interests of our country also suggest this. If
economic agents operating in Armenia will manage to diversify their
business, it will ensure the financial stability of the state ", said
the PM.