Tatul Manaseryan: The Crisis Not Just A Disaster, But Also An Opport

TATUL MANASERYAN: THE CRISIS NOT JUST A DISASTER, BUT ALSO AN OPPORTUNITY
Hasmik Dilanyan

"Radiolur"
16.06.2009 16:53

"The crisis is not only a disaster, but also an opportunity,"
economist, Adviser to the Speaker of the National Assembly on Economic
Issues Tatul Manaseryan considers. According to him, Armenia has
necessary potential in order not to allow the fall to be strong.

Speaking about the $500 million stabilization loan from Russia, Tatul
Manaseryan underlined that it should be made clear which spheres the
credit will be allocated to and which are the standards used when
distributing the credit resources.

Tatul Manaseryan considers that some legislative changes are
needed, especially with regard to the creation of free economic
zones. According to him, not everything in Armenian economy is dark
and gloomy.

According to Tatul Manaseryan, the Government’s anti-crisis program
should be implemented by soberly assessing the reality. It is
necessary to provide the credits to the development of the spheres,
which are important from the perspective of the further development of
economy. The small and medium-sized businesses should be encouraged
first, because the sphere plays a decisive role in the development
of economy.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS