Armenian premier: Armenia should be ready to all scenarios of economic
development
2009-02-28 19:07:00
ArmInfo. Armenia should be ready to all scenarios of economic
development, Armenian Prime Minister Tigran Sarkisyan told journalists
yesterday and added that the government has drawn out different
scenarios: with the economic growth 9% or 4,5% or zero growth, with
economic fall by 1,8% or 4,5%.
"According to these scenarios we have to calculate the expected
macro-economic situation including the volumes of export, import,
balance of payments, incomes and expenses of the budget", – Sarkisyan
said.
When commenting on the last assessment of the World Bank that the GDP
growth will be at best zero in 2009, Sarkisyan said that all the
predictions and calculation of the government have been submitted to
the World Bank.
He also said that the WB does not encourage protectionism policy which
is conducted by the developed countries as well. "We share their
viewpoint as the policy of protectionism is deepening the world
economic crisis more and making it difficult for the developed
countries to cooperate in fighting the world financial and economic
crisis", – he said. As for the programmes of the government, the
premier said they are the temporary assistance to local businessmen in
the fight against the consequences of the world crisis.
From: Emil Lazarian | Ararat NewsPress
