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Ex-PM Slams Armenian Government's Economic Policy As "marasmic"

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  • Ex-PM Slams Armenian Government's Economic Policy As "marasmic"

    EX-PM SLAMS ARMENIAN GOVERNMENT'S ECONOMIC POLICY AS "MARASMIC"

    PanARMENIAN.Net
    October 28, 2011 - 19:31 AMT

    PanARMENIAN.Net - A member of Armenian National Congress (ANC)
    opposition bloc, ex-PM Hrant Bagratyan slammed the government's
    economic policy as "marasmic".

    In his statement at ANC rally, Bagratyan referred to the strike of
    Armenian NPP staff, 2012 state budget and government-provided economic
    growth indices. The ex-PM accused the government of providing false
    data, with only metal mining industry to account for possible growth.

    In September 2011, 160 members of NPP engineering staff submitted
    letters of resignation, demanding 50% pay increase. On October 24,
    the Minister of Energy offered a 10% raise, which was agreed to,
    with the employees returning to their work.

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