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The Chairman of the National Assembly standing committee on financial-credit and budgetary affairs Gagik Minasyan says that the challenges of world financial-economic crisis have not passed. “It is believed that the crisis will reach its top in the middle of the year but it does not to say that after that everything will be regulated. Months or even years are needed to overcome its aftermath,” he said.

According to the NA Deputy small and middle sized business should be developed especially in Syuniq and Lori regions where serious problems launched in mining.

The Deputy said that the authorities are ready to support big corporations as those enterprises which are under their supervision can benefit from that collaboration.

G. Minasyan said that in order to ease the results of the crisis, the Government contributes to the implementation of bigger projects, such as construction of buildings and roads.