B. Asatryan: Banking system not ready to cooperate with villages
Economic experts discussed the current macroeconomic situation in Armenia, particularly, agricultural problems, at a news conference in Yerevan on April 6.
According to former CBA President, head of a credit organization, Bagrat Asatryan, Armenia has been carrying out certain agrarian policy until 1991, however, agriculture has been consigned to oblivion since 1991.
Currently, credit interest rate is one of the most important agricultural problems, according to the speaker. Besides, he prioritized the agricultural employment problem.
“We face the problem of agricultural inefficiency. For the present, the banking system is not ready to cooperate with villages,” Asatryan said in his remarks.