Hrant Bagratyan: Armenia will not get out of economic crisisJanuary 18, 2010 - 17:32 AMT PanARMENIAN.Net - "Armenia needs a new large-scale and fundamental changes, otherwise it will not get out of the stormy economic crisis," Hrant Bagratyan , member of Armenian National Congress, Armenia's ex-prime minister told a press conference on 18 January in Yerevan. According to him, today Armenia experience 8 times harder crisis than the whole world. One of the main reasons of that situation is encouragement of construction and particularly the construction of elite buildings, which are not sold and will not be sold within the next 5 years, since citizens do not have enough resources, Hrant Bagratyan said. To overcome the economic crisis, he suggests to introduce a progressive income tax, encourage exports, etc. Hrant Bagratyan , Armenian statesman, was born October 18, 1958 in Yerevan. In 1979 he graduated from the Yerevan Institute of National Economy. Between 1990 and 1993 - First Deputy Prime Minister and Minister of Economy. Between 1993 and 1996 - twice served as Prime Minister of Armenia. Between 1996 and 1997 was an adviser at International Monetary Fund (IMF). Between 1998 and 2006 - deputy head and director of human resources at the Yerevan Brandy Factory. Since 2006 - leader of the "Freedom" party. Doctor of economic and philosophical sciences. Academician of the Academy of Natural Sciences. Recognized as a man of the year by the American Biological Institute (1995), in 1998 was recognized as a man of the millennium by the UN and Cambridge Biological Center, author of 50 scientific articles and 7 books. In the book "Society and State" developed the theory of scientific and technological cycles. He was one of the first in the late 90's of the last century who predicted the total concentration of economic governance in 2010. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |