ARISTOMENE VAROUDAKIS: ECONOMIC DIVERSIFICATION IN ARMENIA REQUIRES ERADICATION OF OLIGOPOLIES
NEWS.am
14:11 / 12/17/2009
Armenia’s economy needs diversifying, which is impossible without
putting an end to corruption in the customs and taxation system,
creating equal conditions for market competition and liquidating
oligopolies, Head of the WB office in Yerevan Aristomene Varoudakis
told a press conference.
He stressed that putting an end to oligopolies requires political will,
as many politicians are connected with the owners of oligopolies. The
eradication of oligopolies will create equal conditions for market
competition, Varoudakis said.
He stressed that the Government is taking certain steps, which is not
sufficient however. Specifically, the Government drafted a bill to
enhance the transparency of government officials’ incomes and expenses,
he said, pointing out that the adoption of the bill requires great
political will.