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Manaserian: Little Work Done To Reduce Shadow Sector

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  • Manaserian: Little Work Done To Reduce Shadow Sector

    MANASERIAN: LITTLE WORK DONE TO REDUCE SHADOW SECTOR

    Wednesday,
    December 19

    This year was quite a difficult one for the Armenian economy. There
    were some positive changes in the economy, but challenges prevailed,
    economist Tatul Manaserian said at a meeting with journalists today.

    He enumerated the alarming problems of Armenia's economy: a large
    shadow sector, high unemployment, the outflow of labor from the
    country, and the sad state of science.

    In his words, a flexible tax policy is not implemented, little work
    was done to reduce the shadow sector, political will is necessary.

    The economist stressed that the economy should be viewed in
    its interconnection with political developments. The investment
    environment is quite sensitive and affected by various factors. This
    year's parliamentary elections have had their impact on the economy.

    TODAY, 17:42

    Aysor.am

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