ARMENIAN ECONOMY BADLY DIVERSIFIED

/PanARMENIAN.Net/
31.07.2009 15:33 GMT+04:00

/PanARMENIAN.Net/ The first signs of crisis management appear in
the economy sectors where the crisis originated, according to Tatul
Manaseryan, adviser to RA National Assembly speaker.

"When se witness revival of industries which were first affected by
the crisis we will understand that the country is recovering from the
crisis. Construction industry was the engine of Armenian economy. It
offered job opportunities and secured infrastructure development,"
Manaseryan told a news conference toady.

"Armenia’s economy is badly diversified. We should develop the sectors
which can ensure its sustainable development," he said.

As to the national mortgage campaign, Manaseryan said it will raise
competition between the construction firms and interested sides.