GAGIK MINASYAN: ECONOMIC SITUATION MORE UNPREDICTABLE THAT THE POLITICAL DEVELOPMENTS
Lena Badeyan
"Radiolur"
25.06.2009 15:50
The Armenian Government is going to take another unprecedented step
to mitigate the influence of the global financial-economic crisis. It
will be primarily related to the sphere of construction, Chairman of
the National Assembly’s Standing Committee on Financial-Credit and
Budgetary Affairs Gagik Minasyan told a press conference today.
The MP informed that the parliament is not going to pass a vote of
no confidence in the government for the fact that 15.7% fall has been
registered instead of the 9.2% growth projected by the state budget.
Currently the economic situation is more unpredictable than the
domestic political developments in Armenia. Gagik Minasyan does not
expect essential surprises from the three parties on the opposition
field – the Armenian National Congress, ARF Dashnaktsutyun and the
Heritage Party.
According to the Chairman of the National Assembly’s Standing Committee
on Financial-Credit and Budgetary Affairs, thanks to the loans from
international structures and the measures taken, Armenia will manage
to close the year with a 6-7% downfall. Gagik Minasyan considers
that this figure is good, because it means that the situation will
stabilize and even some growth will be registered.
Gagik Minasyan commented on what could be expected from the opening
of=2 0 the Armenian-Turkish border. According to the Deputy, Armenia
is in an advantageous position today. "They have found themselves
in a situation where they either have to agree to open the roads
without preconditions or run counter to the international opinion,"
Gagik Yeganyan said.