High ranking politicians control strategic areas of the economy

The Messenger, Georgia
Nov 28 2008

High ranking politicians are controlling strategic areas of the
Armenian economy

By Messenger staff
Friday, November 28

A representative of international organization Freedom House, Chris
Walker, says that the most alarming fact about Armenia today is that
its indicators of democracy have not changed over the last few
years. `The Armenian Government has not carried out any significant
reforms,’ Walker noted.

Walker believes many fields in Armenia need to be reformed. Several of
these were mentioned in the EU report concerning the March 1 events.

Chris Walker thinks that the most problematic sphere in Armenia is
economics. `Despite the economic growth indicated during the last
several years, most of the strategic sectors of the economy are in the
hands of a few high ranking individuals,’ he noted. Walker says this
fact gives reason for concern, because economic freedom promotes
political freedom.