ECONOMIC INDEX DECREASE OF 6-12% IS EXPECTED IN ARMENIA

/PanARMENIAN.Net/
12.06.2009 19:19 GMT+04:00

/PanARMENIAN.Net/ RA ex-Prime Minister Hrant Bagratyan noted at
today’s news conference, that in his opinion, economic index decrease
of 6-12% is expected in Armenia in the end of 2009. "I’m sorry that the
Government not only refrains from taking any steps to retain decrease
level at 6% but even impairs the situation by the policy it conducts,"
he noted.

Commenting on RA Prime Minister Tigran Sargsyan’s statement on economic
index increase of 1-2 %, expected in 2009 in Armenia, Hrant Bagratyan
noted that sometimes he’s surprised a reasonable man like Tigran
Sargsyan, allows himself to make such unprofessional statements.

According to Bagratyan, world financial crisis consequences will be
mitigated no sooner than 2010 -2011. "In summer 2010 Europe will see
some improvements, which will be continued in Russia, and only then
could we make forecasts as to the situation in Armenia," Bagratyan
stated.