ECONOMIST: ARMENIA MAY BENEFIT FROM WORLD DEBT CRISIS

PanARMENIAN.Net
January 27, 2012 – 14:25 AMT

PanARMENIAN.Net – Armenia may benefit from current world debt crisis,
according to an Armenian economist.

“2012 may see major progress due to implementation of proper economic
policy,” Tatul Manaseryan said.

Dwelling on plans for 2012, the economist stressed the need to boost
Armenia’s competitiveness in foreign markets. Mr. Manaseryan further
attached importance to developing export-oriented competitive local
product, with government promoting the production.

The economist also gave positive assessment to government’s steps
to assist small and medium enterprises (SMEs), whilst underscoring
the need to shape targeted policies and fight monopolies to ensure
economic growth and development of SMEs.