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Ex-Fm Oskanian Says Non-Admission Of Mistakes Government's Drawback

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  • Ex-Fm Oskanian Says Non-Admission Of Mistakes Government's Drawback

    EX-FM OSKANIAN SAYS NON-ADMISSION OF MISTAKES GOVERNMENT'S DRAWBACK

    PanARMENIAN.Net
    June 20, 2012 - 19:27 AMT

    PanARMENIAN.Net - Prosperous Armenia parliamentary group member,
    former foreign minister Vartan Oskanian slammed Tigran Sargsyan's
    government and the new program.

    "Non-admission of your mistakes was your government's drawback over
    the recent years," he said during the discussion of the government's
    program at Armenian National Assembly.

    According to Mr. Oskanian, the government's statement on restoration
    of the pre-crisis level of GDP is true only given the par value.

    Whereas considering the current inflation and economic growth rates,
    the pre-crisis level will be achieved only in 2014. He further noted
    that government maintained the social programs due to increase in
    external debt of the state.

    Among the consequences of the government's other activities, the
    ex-minister noted cut in foreign investments and increase in poverty.

    He stressed global crisis, economic oversights and government's
    misguided policy as the reasons behind the major economic decline.

    Mr. Oskanian called attention to government's anti- crisis struggle,
    noting that Tigran Sargsyan submitted to the parliament budget
    stipulating economic growth when the whole world discussed the oncoming
    crisis in 2008.

    The MP further expressed skepticism over the government's envisaging
    economic growth, noting that the program failed to reflect on major
    infrastructure projects, particularly the construction of the new NPP.

    "The program can't secure 7 % growth regardless of the situation
    in Europe. Armenia's average economic growth grossed 12 % back in
    2003-2007," the ex-minister said, noting with irony that international
    financial organizations keep hailing the government activities.

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