Economic Troubles Are Behind: Expert

ECONOMIC TROUBLES ARE BEHIND: EXPERT

news.am
Feb 25 2010
Armenia

"Though it is early to speak of economic revival, tendencies towards
recovery are registered in a number of countries worldwide," RA NA
Speaker Adviser Tatul Manaseryan told journalists on Feb. 25.

Stating that the estimates of Armenian economy recently vary, he
expressed confidence that the troubles are behind.

"I can say that Armenia has opportunities to revive, stabilize and
recover its economy, the more – in case all resources are used,
all economic forecasts for 2010 will prove to be conservative,"
Manaseryan emphasized.

Though Armenia registered economic slump in 2009 end, he is not
inclined to condition it by recession consequences. "The reasons
peculiar to economic setback of our country should be distinctly
separated from those caused by the world market," he noted.

Asked whether he shares RA Economy Minister Nerses Yeritsyan’s opinion
that "Armenia has overcame the crisis", Manaseryan replied he does
not comment on others’ stance, adding he will be happy if these words
turn into reality. "It means the Eocnomy Minister has grounds for
making such statement," he concluded.

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