Gagik Makaryan on recent financial situation in Armenia
Everyone washed their hands of the situation, considering that the inflation is solely the problem of the Central Bank, and as a result, this social problem fell upon the public and business, chairman of the Republican Union of Employers of Armenia Gagik Makaryan told reporters on Tuesday, commenting on the recent financial situation in the country.
“The Central Bank created a deceptive situation in recent days, while the respective state agencies did nothing to curb the inflation,” he noted.
According to Makaryan, the Armenian dram’s stabilization is temporary and the Russian ruble will be “in agony” in 2015.