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ARMENIAN PRIME MINISTER DOES NOT SEE ANY DANGER OF FINANCIAL CRISIS
Noyan Tapan
Oct 22, 2008
YEREVAN, OCTOBER 22, NOYAN TAPAN. The main cause of the international
financial crisis is the mutual distrust of financial market
participants and the expectations of negative developments, Armenian
Prime Minister Tigran Sargsian said when responding to a question of
deputies at the RA National Assembly on October 22. Speaking about
the possible impact of the crisis on Armenia, he said that there are
no such signs in the country. T. Sargsian expressed his disagreement
with the proposal to form gold reserves, saying that the Armenian
economy has not yet grown to such an extent that the country could
afford to accumulate wealth in the form of gold.
Noyan Tapan
Oct 22, 2008
YEREVAN, OCTOBER 22, NOYAN TAPAN. The main cause of the international
financial crisis is the mutual distrust of financial market
participants and the expectations of negative developments, Armenian
Prime Minister Tigran Sargsian said when responding to a question of
deputies at the RA National Assembly on October 22. Speaking about
the possible impact of the crisis on Armenia, he said that there are
no such signs in the country. T. Sargsian expressed his disagreement
with the proposal to form gold reserves, saying that the Armenian
economy has not yet grown to such an extent that the country could
afford to accumulate wealth in the form of gold.