Government's aims and sincerity are not trustworthyAugust 5, 2009 - 18:14 AMT PanARMENIAN.Net - "RA Government's economic policy has failed, as Prime Minister's position on economy issues in October-December 2008 significantly differed from the situation we faced in January -April 2009," United Labor Party Leader Gurgen Arsenyan said at a joint news conference with RA ex-Premier Hrant Bagratyan in Yerevan. According to Arsenyan, RA Prime Minister's statements suggest either his deliberate misleading of people or poor command of situation. "Government's aims and sincerity are not trustworthy," Gurgen Arsenyan emphasized. According to him, Government's anti-crisis program is only a cover -up, unable to help overcome crisis consequences. In his turn, Hrant Bagratyan noted that official anti-crisis program does not actually exist. He cited the following figures for economic downfall: 10% in Russia, 17% in Armenia, 1.7% - global downfall. Azerbaijan registered 4% economic growth in the first semester of 2009. "Huge economic downfalls in Armenia and Russia are caused by governments' funding offer instead of demand since the beginning of world financial crisis," Bagratyan said. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Ucom Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |