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Former Armenian President Criticizes Current Government

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  • Former Armenian President Criticizes Current Government

    FORMER ARMENIAN PRESIDENT CRITICIZES CURRENT GOVERNMENT

    The Messenger
    April 3 2012
    Georgia

    The first President of an independent Armenia, and current leader
    of the National Congress, Levon Ter-Petrosyan, noted that Armenia's
    economic power is weakening. He cited the drop in GDP in recent years,
    as well as the increasing number of foreign loans being taken by the
    government. The local currency has depreciated, inflation is rising,
    and poverty is increasing, among other problems, and Ter-Petrosyan
    blames the current leadership.

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