Manaserian: Little Work Done To Reduce Shadow Sector

MANASERIAN: LITTLE WORK DONE TO REDUCE SHADOW SECTOR

Wednesday,
December 19

This year was quite a difficult one for the Armenian economy. There
were some positive changes in the economy, but challenges prevailed,
economist Tatul Manaserian said at a meeting with journalists today.

He enumerated the alarming problems of Armenia’s economy: a large
shadow sector, high unemployment, the outflow of labor from the
country, and the sad state of science.

In his words, a flexible tax policy is not implemented, little work
was done to reduce the shadow sector, political will is necessary.

The economist stressed that the economy should be viewed in
its interconnection with political developments. The investment
environment is quite sensitive and affected by various factors. This
year’s parliamentary elections have had their impact on the economy.

TODAY, 17:42

Aysor.am