ARMENIAN PREMIER: CAREFUL AND HARSH FINANCE POLICY OF ARMENIA IS JUSTIFIED IN THE PRESENT CONDITIONS

ArmInfo
2008-12-16 12:54:00

ArmInfo. Careful and harsh finance policy of Armenia is justified in
the present hard conditions, Armenian Prime Minister Tigran Sarkisyan
said in an interview with Golos Armenii newspaper.

He also added the situation in Armenia is still quite stable. It is
connected with the fact that the banking system of the republic is
one of the most reliable in the world. Central Bank is conducting
a sound policy and Armenian banks are very careful though causes
criticism from the side of the real sector of economy.