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1.2% Economic Growth Forecast For 2010 Is Unrealistic: Minasyan

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  • 1.2% Economic Growth Forecast For 2010 Is Unrealistic: Minasyan

    1.2% ECONOMIC GROWTH FORECAST FOR 2010 IS UNREALISTIC: MINASYAN

    Tert.am
    15:34 ~U 08.02.10

    "I consider the 1.2% of economic growth forecast in the 2010 budget [in
    Armenia] to be unrealistic and an ineffective policy," said Armenian
    Revolutionary Federation (Dashnaktsutyun) MP Artsvik Minasyan, while
    speaking to journalists today.

    According to the parliamentarian, there is no serious basis for that
    forecast. "A forecast is also a promise; however, the government
    has broken that promise a long time ago: in 2009, we had a situation
    that was a 180-degree turn from the economic growth forecast [then],"
    said Minasyan.

    "I think it's good to come down to earth; particularly, [in] Armenia,
    to understand that every [new] development shouldn't take place with
    words, but rather with work and actions. Such actions demand that a
    policy be implemented that will resolve current fundamental issues
    in the economy," said the ARF-D deputy.
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