The government is just spending money. take the debts, do their looting. UP:

June: 18, 2026

After the post-election processes, editors of several Armenian media had the opportunity to ask questions to Samvel Karapetyan, Armenian philanthropist, founder of “Tashir Group” group of companies and chairman of “Strong Armenia” party.

The editor-in-chief of “168 zam” newspaper and 168.am website Satik Seyranyan first recorded․ «Nikol Pashinyan knows very well that he was not elected, that he does not have the votes of the majority, Nikol Pashinyan is in the most difficult situation today, because it is time to collect the stones. he will have to close the debts, essentially, the debts of Turkey, Azerbaijan, and Europe. Also, a political crisis is brewing, even if you take the mandates or not (by the way, I am in favor of taking the mandates and continuing the struggle abroad)”.

In this context, he also inquired about economic issues from Samvel Karapetyan.

“The economic crisis is brewing. yesterday, it is true, they said in the National Assembly that the indicators are brilliant, but yesterday one of their ministers announced that the state debt has already crossed 14.5 billion. Here are the sanctions from Russia. Basically, nothing works in the country, constant debts. even many people compare it with Ukraine in the sense that Zelensky also put the country in debt, and even the former prime minister gave an interview that by constantly putting the country in debt, he has nothing to sell.

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I want you to present the economic situation especially these days, yes, I know people who are buying generators, motorbikes, preparing for winter, there are people who are thinking about food storage, people are really worried.

I understand the political struggle, but also parallel to it, the economic crisis is deepening. Your predictions: What will happen?” Satik Seyranyan addressed these questions.

In response, Samvel Karapetyan stated: “Economically, everything will depend on the relations of the current authorities with the authorities of the Russian Federation, because 25% of our GDP, 7.5 billion dollars of turnover is with Russia. In addition, about 90 percent of remittances come from Russia.

When I say that Armenia’s economy is developing steadily, it does not mean that it is developing steadily at the expense of the government. the role of government in it is 0. For so many years, the government has only spent money in the economy: take and spend debts, spread asphalt… I don’t want to return to all our pre-election theses, but I say again, they do the easiest thing, they do their looting. This is the end of their participation in the economy. And the most we have seen in all these years is that they go with the whole government, they meet the 4th grade wheat wagons and they meet with diesel fuel or gasoline, I don’t know.

The main activity of their government is: maybe they will go now, they will welcome a wagon of cucumbers from Azerbaijan with the whole government, and they will be proud, they will tell our people: look what free markets are, we are penetrating the European markets. They will destroy the economy.”

Details in the video




Disclaimer: This article was contributed and translated into English by Hunanian Jack. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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