AT LEAST 8 OUT OF 22 BANKS SHOULD’VE GONE BANKRUPT, SAYS ARMENIA’S FORMER PM
Tert.am
16:18 ~U 19.03.10
In a very short period of time, the dollar’s fixed price is going to
lead to inflation and Armenia’s economy will collapse, said former
prime minister of Armenia Hrant Bagratyan at a press conference today.
"Today, the government is searching for approximately 2 billion
dollars. If it finds that money, it will lessen today’s burden and
it’ll make do. On account of that, our debt will increase; that is,
our future will become more complicated. I don’t know how they’ll
solve the issue of 2 billion dollars. Of course, there’s a lot of
money in the world today, but our government feels that it has money
problems," he said.
Bagratyan said that he had predicted these developments months before.
According to him, if there was a "normal economic field" in Armenia,
then at least 8 out of 22 banks in Armenia should’ve gone bankrupt.