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Armenian MP: EBRD's forecast that Armenian economy will stagnate in
2015 was a political put-up job
by Arthur Yernjakyan
ARMINFO
Saturday, January 24, 15:47
The EBRD's forecast that the Armenian economy will stagnate in 2015
was a political put-up job and a reaction to Armenia's decision to
join the Eurasian Economic Union, Armenian MP Artsvik Minasyan told
journalists on Saturday.
"The EBRD complies with the EU's policy, so, it also has political
motives. So, its negative outlook concerning Armenia was just a
response to the country's accession to the Eurasian Economic Union,"
Minasyan said.
He said that this outlook may have an influence potential investors
but it had no influence when Armenia issued sovereign eurobonds with a
low rate and a high rating. "Then we were negotiating association with
the EU but the issue of bonds spurred no inflow of investments," the
MP said.
In Jan 2015 the EBRD downgraded its outlook of Armenia's GDP growth in
2015 from 3.5% to 0%. Minasyan does not agree with this opinion and
expects a 4-4.5% GDP growth this year. "If we want to attract more
investments, we need reforms," the MP said.
2015 was a political put-up job
by Arthur Yernjakyan
ARMINFO
Saturday, January 24, 15:47
The EBRD's forecast that the Armenian economy will stagnate in 2015
was a political put-up job and a reaction to Armenia's decision to
join the Eurasian Economic Union, Armenian MP Artsvik Minasyan told
journalists on Saturday.
"The EBRD complies with the EU's policy, so, it also has political
motives. So, its negative outlook concerning Armenia was just a
response to the country's accession to the Eurasian Economic Union,"
Minasyan said.
He said that this outlook may have an influence potential investors
but it had no influence when Armenia issued sovereign eurobonds with a
low rate and a high rating. "Then we were negotiating association with
the EU but the issue of bonds spurred no inflow of investments," the
MP said.
In Jan 2015 the EBRD downgraded its outlook of Armenia's GDP growth in
2015 from 3.5% to 0%. Minasyan does not agree with this opinion and
expects a 4-4.5% GDP growth this year. "If we want to attract more
investments, we need reforms," the MP said.