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Economist: Sargsian Deserves Criticism For Bad Preparation of Progm

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  • Economist: Sargsian Deserves Criticism For Bad Preparation of Progm

    ECONOMIST EDUARD AGHAJANOV: SERGE SARGSIAN DESERVES CRITICISM FOR BAD
    PREPARATION OF DEBT FOR EQUITY PROGRAM


    YEREVAN, DECEMBER 15, NOYAN TAPAN. The fact that the Russian side has
    not yet invested in the Armenian enterprises transferred to Russia by
    the Debt for Equity Program is the consequence of the program's bad
    preparation. Economist Eduard Aghajanov, former head of the Armenian
    Statistical Department, expressed this opinion during the December 12
    meeting at the National Press Club. In his words, "we should
    criticize for mistakes" Serge Sargsian, RA defence minister, Armenian
    co-chairman of the Armenian-Russian intergovernmental commission on
    economic cooperation, which prepared the program badly. On the whole.
    E. Aghajanov assessed positively Russia's investment activities in
    Armenia but he expressed a wish that particularly participants with
    capital of other countries - Iran, even Azerbaijan would operate in
    the country's energy market, which would allow to avoid monopolies.
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