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Armenians To Face Tighter Life In 2012, Says Economist

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  • Armenians To Face Tighter Life In 2012, Says Economist

    ARMENIANS TO FACE TIGHTER LIFE IN 2012, SAYS ECONOMIST

    Tert.am
    04.11.11

    Bagrat Asatryan, the former president of the Central Bank, says the
    Armenian citizens are going to live worse in 2012.

    "Especially the socially disadvantaged and the civil servants will
    be worse-off. with the prices hiking, the oligarchs will attempt to
    gain extra profit by realizing their products on the people."" he
    told reporters on Friday

    Asatryan said further that he predicts a significant surge in the
    prices on food products.

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