Armenia should get rid of mania of recording double-digit economic
growth, ARF deputy says

YEREVAN, JANUARY 16, NOYAN TAPAN. The global economic crisis has both
negative and positive aspects, the member of "ARF" parliamentary
faction Ara Nranian expressed an opinion at the January 16 press
conference. According to him, one positive aspect is the fall in oil
prices, which is especially good for Armenia, a country that depends
completely on the import of oil and gasoline. A. Nranian said that this
circumstance is positive for Armenia from the political point of view
as well. "In recent months Azerbaijan has been rather quiet in its
statements as the fall in oil prices has delivered a serious financial
blow to this country," the ARF deputy noted.

Besides, in the opinion of A. Nranian, the economic crisis gives
Armenia an opportunity to get rid of the mania of recording a
double-digit economic growth. In his words, the members of "ARF"
faction have always said that the quality of an economic growth is much
more important than its amount. "Armenia should not be based on one or
two pillars. We should develop several branches of the economy and
ensure a qualitative economic growth," A. Nranian said.