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Eduard Aghajanov: Governemt's Program Is Not In Line With Statemens

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  • Eduard Aghajanov: Governemt's Program Is Not In Line With Statemens

    EDUARD AGHAJANOV: GOVERNEMT'S PROGRAM IS NOT IN LINE WITH STATEMENS ABOUT SECOND-GENERATION REFORMS

    Noyan Tapan
    Jun 28, 2007

    YEREVAN, JUNE 28, NOYAN TAPAN. In terms of its contents, the new
    program of the Armenian government is not in line with the statements
    about second-generation reforms or the creation of an economy of
    new quality.

    Economist Eduard Aghajanov expressed this opinion at the June 28
    press conference.

    According to him, it is necessary to develop the industry in order to
    implement second-generation reforms, while the governmental program
    lays a stress on the development of mining industry and metallurgy
    only.

    Only one sentence, according to which the government will keep the
    IT sector in the center of attention, is dedicated to information
    technologies in the government's program. Whereas, in the words of
    E. Aghajanov, countries like Irland, India, Russia to have reached
    success in the hightech sector have used some tax mechanisms of
    promotion, which has not been done in Armenia.

    E. Aghajanov said that the program says about formation of a
    knowledge-based (innovation) economy. However, for this purpose it
    is necessary to allocate at least 1-1.5% of GDP to science, while
    the 2007 budget allocates only 0.19% of Armenia's GDP to science.

    In the economist's opinion, developing the inovation technologies is
    the only way to make the Armenian economy competitive. Even oil-rich
    Azerbaijan recently declared its intention to create a regional
    innovation zone, in which Russia will participate as well. E. Aghajanov
    noted that Armenia should be able to make a breakthrough in this
    sphere as it is already behind the neighboring countries.
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