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"Chorord Inknishkhanutyun": Mechanics of economical growth.

Armenian Press

Minister of Economy Tigran Davtyan has stated that the crisis is no longer as dangerous for Armenia and the economic indicators are positive enough.

"Chorord Inknishkhanutyun" writes, "If you remember, the national statistical office recently released the October indicators, and it turned out that the economy at once recorded a decline of 18 percent compared with September. After that Prime Minister Tigran Sargsyan pushed a little the head of this service, who after a few days presented new indicators, according to which the growing inflation indicators turned to be in permissible range in Armenia. After such kind of "apologies" the Minister of Economy, of course, has the right to insist that the crisis is not dangerous for us any more. In one word, the danger is neutralized.

But these, of course, are half-made measures. It would be juster to catch the head of the service, tie his hands and beat him. We assure that at once double-digit economic growth indicator would be registered in Armenia, poverty level would decrease and instead of growing inflation everything would become cheaper. We hope that next month it will exactly be like this. Otherwise how long can we survive in this crisis?"

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