ARMENIA’S CENTRAL BANK OBSTRUCTS ECONOMIC GROWTH – OPPOSITION PARTY MP
news.am
April 09, 2012 | 13:17
YEREVAN. – Armenia’s Central Bank (CB) should not be engaged in
regulating the country’s financial market, the opposition ARF
Dashnaktsutyun Party MP Artsvik Minasyan said during the Party
pre-election program’s official presentation on Monday.
As per Minasyan, the CB’s policy makes the country’s economy serve
the banking system, and the real economy and the joint-stock companies
are unable to “breathe.”
In ARF member’s opinion, a new agency needs to be established to
regulate Armenia’s financial market.
Also, the Dashnaktsutyun Party is of the view that the auto-insurance
payments can be reduced by AMD 10,000 (approx. US$ 26).
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