ARMENIAN GOVERNMENT PLAYING CRUCIAL ROLE IN ECONOMIC PROCESSES AMID CRISIS: PRIME MINISTER

ARKA
March 2, 2009

YEREVAN, March 2. /ARKA/. The RA Government’s involvement in economic
relations is inevitable, as it plays a crucial role in economic
regulation, RA Prime Minister Tigran Sargsyan said during his meeting
with Armenian entrepreneurs in Moscow.

"As a result, we are facing a global mistrust in what is going on. In
other words, the principles of recession and the government’s measures
loom," he was quoted saying.

He called lack of logic a sign of a new world. "We are witnessing
changes in criteria and system of values," the premier said, adding
money is not a success criterion nowadays.

According to the prime minister, global market participants fail
taking correct positions, as they lack a common vision.

"It is obvious that the institutes of private property and competition
are cracking down, with governments playing more crucial role in
economic processes," Sargsyan concluded.