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OSKANIAN: TIGRAN SARGSYAN HAS NOT GOT RID OF HIS MONETARIST THINKING YET
Story from Lragir.am News:
http://www.lragir.am/engsrc/country26618.html
Published: 10:16:13 - 21/06/2012
Vartan Oskanian, member of PAP parliamentary group, former foreign
minister of Armenia, stated yesterday during the meeting of parliament
discussing the program of the new cabinet that PM Tigran Sargsyan
has not got rid of his monetarist thinking yet. Oskanian noted that
the main reason for the 14% economic decline was the wrong government
policy.
According to him, the decline had three reasons -crisis, structure
of economy and mistakes of the government. Oskanian added that
government's mistakes had the worst impact of all the three reasons.
He is surprised at the absence of a single word in Tigran Sargsyan's
speech on the growth of foreign debt, which is already 45% of the GDP.
Oskanian stated that the result of four years of activities of the
government poverty grew and foreign investments declined.
Vartan Oskanian stated that the program of the government is unable to
ensure 7% economic growth, as envisaged. According to him, the program
of the government and the reality do not match. Oskanian added that
the government has already proved unable to admit its own mistakes.
Story from Lragir.am News:
http://www.lragir.am/engsrc/country26618.html
Published: 10:16:13 - 21/06/2012
Vartan Oskanian, member of PAP parliamentary group, former foreign
minister of Armenia, stated yesterday during the meeting of parliament
discussing the program of the new cabinet that PM Tigran Sargsyan
has not got rid of his monetarist thinking yet. Oskanian noted that
the main reason for the 14% economic decline was the wrong government
policy.
According to him, the decline had three reasons -crisis, structure
of economy and mistakes of the government. Oskanian added that
government's mistakes had the worst impact of all the three reasons.
He is surprised at the absence of a single word in Tigran Sargsyan's
speech on the growth of foreign debt, which is already 45% of the GDP.
Oskanian stated that the result of four years of activities of the
government poverty grew and foreign investments declined.
Vartan Oskanian stated that the program of the government is unable to
ensure 7% economic growth, as envisaged. According to him, the program
of the government and the reality do not match. Oskanian added that
the government has already proved unable to admit its own mistakes.