ARMENIA SETS UP AGENCY TO HELP PREVENT FINANCIAL CRISIS
Mediamax
Dec 4 2008
Armenia
Yerevan, 4 December: Armenian Prime Minister Tigran Sargsyan stated
in Yerevan today that the government should carry out operative work
within the framework of the crisis-prevention program.
Mediamax reports that, speaking at the session of the government today,
Tigran Sargsyan stated that to coordinate the works, a corresponding
committee is set up, headed by the Prime Minister, and it will work
in an operative headquarters mode.
Prime Minister stated that the year of 2009 will be difficult and
will require hard work from the leadership of the country.
"December and January will be months of hard work: we should take
all programs, started in 2008, to their logical conclusion and get
ready to overcome negative consequences of the global financial and
economic crisis," Tigran Sargsyan stated.
The Prime Minister charged the ministries with summarizing the
proposals, received from entrepreneurs. Tigran Sargsyan stated that
the management of enterprises should present a clear program with
description of existing problems and proposals for state assistance
to overcome those problems. The government also expresses readiness
to help enterprises in elaboration of business-programs and render
assistance for their realization.
"In this case we do not rule out share participation of the government
in those enterprises. Due to this, we will receive levers for efficient
realization of programs," the Prime Minister stated.
According to him, the tools, proposed by the government, are very
flexible and diverse. "We expect that the private sector will also
make efforts to get ready to withstand negative consequences of the
crisis," Tigran Sargsyan stated.