TATUL MANASERIAN: ARMENIA IS ABLE TO INDEPENDENTLY OVERCOME ECONOMIC CRISIS

Noyan Tapan
June 17, 2009

YEREVAN, JUNE 17, NOYAN TAPAN. Armenia’s economy is able and should
develop by its own regularities and independently overcome the
financial-economic crisis. Economist, Adviser to RA NA Speaker
Tatul Manaserian expressed such an opinion at the June 16 press
conference. According to his prediction, the worst period of the crisis
will be in mid-2010 or in late 2010, and Armenia should be ready for
it. T. Manaserian gave a positive answer to the question of whether
Armenia’s economic system is able to develop without assistance from
the outer world mentioning that everything depends on those working
out and implementing economic programs.

According to the economist, a team of specialists should be formed
in the country that should be able to realize what burden it assumes,
will have an idea about Armenia’s and world economic processes. "The
current government is very far from the government I imagine," he said.

T. Manaserian also touched upon the tax package submitted for
discussion at NA several days ago. According to him, today big
entrepreneurs do not provide necessary documents to proper state
structures, which, in its turn, contributes to development of shadow
economy, and we should fight it in some way. "Any bill should just
have a grounding. The grounding the government presented on the tax
package is abstract," T. Manaserian said.