NERSES YERITSYAN: THE SOCIAL STRUCTURE OF OUR COUNTRY REMAINED UNDISTORTED
Nelly Danielyan
"Radiolur"
16.12.2009 18:26
The Armenian Government adopted its anti-crisis program in 2009, when
the impact of the global crisis on our economy was already a reality.
It envisaged a 9.2% economic growth and about 20% of increase
budget revenues. The three main direction of the program included
implementation of infrastructure development projects, state support
to enterprises experiencing temporary difficulties and support to
small and medium-sized businesses.
In six months, when the economic downfall had reached 15%, Prime
Minister Tigran Sargsyan declared that the real results of the
anti-crisis program would be tangible by the end of the year.
The year is coming to an end. The program has been implemented,
but instead of economic growth and budget revenues we have an 18%
downfall and uncollected taxes.
However, according to the Minister of Economy Nerses Yeritsyan,
"The government managed to keep the social structure of the country
undistorted. The poverty level did not increase drastically and we’ll
be able to welcome the year 2010 with greater dignity."