Armenia should get rid of mania of recording double-digit<br /> economic growth, ARF deputy says<br />


Armenia should get rid of mania of recording double-digit
economic growth, ARF deputy says

  • 16-01-2009 16:50:00   | Armenia  |  Economy
YEREVAN, JANUARY 16, NOYAN TAPAN. The global economic crisis has both negative and positive aspects, the member of "ARF" parliamentary faction Ara Nranian expressed an opinion at the January 16 press conference. According to him, one positive aspect is the fall in oil prices, which is especially good for Armenia, a country that depends completely on the import of oil and gasoline. A. Nranian said that this circumstance is positive for Armenia from the political point of view as well. "In recent months Azerbaijan has been rather quiet in its statements as the fall in oil prices has delivered a serious financial blow to this country," the ARF deputy noted. Besides, in the opinion of A. Nranian, the economic crisis gives Armenia an opportunity to get rid of the mania of recording a double-digit economic growth. In his words, the members of "ARF" faction have always said that the quality of an economic growth is much more important than its amount. "Armenia should not be based on one or two pillars. We should develop several branches of the economy and ensure a qualitative economic growth," A. Nranian said.
  -   Economy