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Vahan Hovhannisian Considers Creation Of Competitive Economic System

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  • Vahan Hovhannisian Considers Creation Of Competitive Economic System

    VAHAN HOVHANNISIAN CONSIDERS CREATION OF COMPETITIVE ECONOMIC SYSTEM IN COUNTRY AS HIS PRIORITY TASK

    Noyan Tapan
    Jan 16 2007

    YEREVAN, JANUARY 16, NOYAN TAPAN. The external and internal threats
    facing Armenia require large-scale system changes, is stated in the
    pre-election program of Vahan Hovhannisian, the ARF Bureau member
    nominated as candidate for the post of president of the RA.

    "The wrong perception of liberal ideology and its extreme use, the
    disregard of the basic point of a social state, and the reduction
    of the state's role in free market regulation have resulted in the
    current economic order when the state is governed through economic
    groupings. They have monopolized the most profitable branches of
    the economy and formed an economic system that is almost free of
    competition, serves their interests and is guided by them," is said
    in the program.

    According to the candidate, the monopolies have ceased being an
    economic phenomenon and have some influence on all spheres of society's
    life. So establishment of a competitive economic order will be his
    priority task.

    According to V. Hovhannisian, the state policy will be aimed at
    dissolution of the groupings with economic power. According to him,
    the state should ensure equal conditions for economic entities and
    should not interfere in their activities.
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