ARMENIAN ECONOMIST: INVESTMENT CLIMATE IN ARMENIA WILL BECOME FAVORABLE ONLY WHEN INTERNAL INVESTMENTS BECOME EQUAL TO EXTERNAL ONES

ArmInfo
2008-11-26 19:34:00

ArmInfo. The investment climate in Armenia will become favorable
only when internal investments become equal to external ones, says
well-known Armenian economist Tatul Manaseryan.

Until now almost all of more or less significant investments have
been made by Armenia’s strategic ally. But should this ally decide to
change its policy, Armenia’s economy may face a crisis and Armenia
will become vulnerable to external pressure. So, it is necessary to
diversify our economy, says Manaseryan.

From: Emil Lazarian | Ararat NewsPress