TIGRAN SARGSYAN: ARMENIA ENTERS THE YEAR 2010 "PREPARED"
Hasmik Dilanyan

"Radiolur"
25.12.2009 18:15

The year of 2009 was full of difficulties, but Armenia proved capable
to finish it with minimal losses, Prime Minister Tigran Sargsyan said

Prime Minister Tigran Sargsian stated today that the global
financial-economic crisis revealed the weaknesses of the Armenian
economy.

"The year 2009 demonstrated that Armenia is late as to reforms in
the real sector, and we should diversify economy and establish more
auspicious atmosphere to attract foreign investments," the Prime
Minister told a press conference today.

Tigran Sargsian noted that despite the crisis, the government fulfilled
its social commitments fully and has no internal debts.

The Prime Minister did not rule out that a second wave of the global
financial-economic crisis could be expected next year. "However,
Armenia enters the year of 2010 being "prepared," he said.