ARTSVIK MINASYAN: "CENTRAL BANK POLICIES DEEPENING POVERTY"

Panorama.am
20:09 28/08/2007

"A country’s progress depends on its participation in regional
projects, and using its own resources should guarantee its
participation in the region," stated Dashnaktsutyun party member
Artsvik Minasyan at a press conference while speaking about the future
of economic progress in Armenia. He added that the society should be
able to participate in the process.

Returning to the subject of the fluctuation of the dram and the Central
Bank’s policies, Minasyan said the bank’s policies are responsible
for the deepening of poverty in Armenia. "The more the dollar loses
worth, the less those depending on transfers are able to purchase,"
he said, adding that the amount of exports would shrink due to the
higher price of locally produced goods.

Relating to the issue of including the opposition in the work of
advancing Armenia’s economy, Minasyan stated that representatives of
opposing parties should oversee the process, as opposed to governmental
forces, which would prove that the government is ready to balance
the system and cooperate with the opposition.