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Ex-Premier: Default Is Expected In Armenia In 2013

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  • Ex-Premier: Default Is Expected In Armenia In 2013

    EX-PREMIER: DEFAULT IS EXPECTED IN ARMENIA IN 2013

    arminfo
    Friday, June 22, 20:21

    If the Republican Party of Armenia goes on ruling the country, default
    will be expected in Armenia in 2013, a member of the parliament from
    the opposition Armenian National Congress, ex-premier of Armenia,
    Hrant Bagratyan, said at today's press-conference.

    He said that the present premier Tigran Sargsyan and his ministers
    cannot draw out such laws and such a programme which would lead the
    country on the way of development. He thinks that the government's
    programme for the next 5 years is windbaggery with a help of which the
    RPA will go on destructing the country. He said that general goals
    and wishes have been presented in the programme, but the point is
    that the ways and resources for their reaching have not been presented.

    "The present government does not understand the necessary priorities,
    and if the government would have enough courage to study the reasons of
    failure of the last years, quite another priorities would be chosen -
    emigration, external debt and poverty. But they have chosen another
    way and go on pulling Armenia to the bottom", - ex-premier said and
    added that default expects Armenia in 2013, and in case of the growth
    rates fixed in the government's programme, Armenia will reach average
    world indicator of economic growth in 57 years.

    "The government of Armenia lent salaries and pensions, for which
    future generation will pay. The external debt is more than $6,5 bln,
    $4,5 bln dollars of which is the state debt. The debt of the private
    sector is more dangerous - $2 bln including the banking system, but
    prime minister continues dreaming and bluffing his way by means of
    demagogy", he said. He also added that 5-7% economy growth is another
    bluff of President Serzh Sargsyan and the government. He think that
    the government will not manage to reach such growth of GDP.

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