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Economist: Armenia May Benefit From World Debt Crisis

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  • Economist: Armenia May Benefit From World Debt Crisis

    ECONOMIST: ARMENIA MAY BENEFIT FROM WORLD DEBT CRISIS

    PanARMENIAN.Net
    January 27, 2012 - 14:25 AMT

    PanARMENIAN.Net - Armenia may benefit from current world debt crisis,
    according to an Armenian economist.

    "2012 may see major progress due to implementation of proper economic
    policy," Tatul Manaseryan said.

    Dwelling on plans for 2012, the economist stressed the need to boost
    Armenia's competitiveness in foreign markets. Mr. Manaseryan further
    attached importance to developing export-oriented competitive local
    product, with government promoting the production.

    The economist also gave positive assessment to government's steps
    to assist small and medium enterprises (SMEs), whilst underscoring
    the need to shape targeted policies and fight monopolies to ensure
    economic growth and development of SMEs.

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