  Economy expert: it’s shameful for Armenia to be moving towards development at snail’s pace  July 19, 2011 - 12:55 AMTPanARMENIAN.Net - A Doctor of Economic Sciences Tatul Manaseryan and Armenian parliamentarian Manvel Badeyan forecasted improvement of economic situation in Armenia in the second half year of 2011 against the same period in 2010. According to the parliamentarian, the economic growth repotted in Armenia does not mean much, having no firm foundation, as compared with the zero-growth of developed countries signifying a stable development. As Badeyan stressed, investments in human resources must be made a basis of Armenia’s economic development. Mr. Manaseryan, in turn, expressed dissatisfaction over Armenia’s failing to fully use its potential. “It’s shameful that Armenia must be moving towards development at snail’s pace,” he stressed. The independent expert stressed construction, manufacture and services among problematic sectors in Armenian economy. Partner news  Top stories “It’s a pity that instead of operating flights, airplanes with Armenian flags stand idle under the sun,” Ghazaryan said. The issue was discussed by Gazprom chief Alexey Miller and Armenian Minister of Energy and Natural Resources Armen Movsisyan. On Feb 23, 2012, Yerevan Jur CJSC issued application for decreasing water prices from current AMD 174,059 to AMD 166,044 per cubic meter. Finance Minister David Sargsyan met with the regional director of KfW German Development Bank Lars Oermann.   Partner news |  Latest news UN chief hails China's peacekeeping efforts  Ban said China has provided more peacekeepers than all the other four permanent members of the UN Security Council.Iran's Guardian Council approves presidential election result Hassan Rouhani won the election by taking nearly 51% of votes. Since he won more than half, that eliminated the need for a runoff.Friends of Syria to meet in Doha on June 22: French official Assad's forces aim to retake Aleppo, where they have been mired in a bloody stalemate with rebels for nearly a year.Parliament approves amendments to law on minimum wage rate Besides, new scale of salaries will be introduced, according to which the minimum wage rate will be doubled by 2017. |
