Politics 13:56 09/02/2019 Armenia

Our economy was not ‘dead’, no need to start from scratch, economist says

“The government programme presented by the new cabinet does not differ much from the one unveiled months ago and again lacks figures,” economist Vardan Bostanjyan told Panorama.am.

In his words, the 70-page-long document contains separate sections on foreign and internal security issues, the fight against corruption, on notions of free, dignified and happy citizen, competitive, participatory and inclusive economy, territorial administration and the local self-governance, infrastructure, energy, mining, water management, hi tech sectors, the finance administration, yet the figures in the document are superficial. Moreover, the figures are concerning, according to our interlocutor.

“The programme states that the GDP growth rate should in average amount for 5% in the programme implementation period. Note, this figure our economy recorded even in its worst period. The next figure refers to the export. It states that the exports of goods and services in the period of programme implementation (until 2023) should reach 43-45 percentage of GDP. That simply cannot happen economically,” Bostanjyan said.

The economist doubted the knowledge and expertise of the specialists who had worked on the document and the promised economic revolution of the new leadership. “Our economy was not ‘dead’. Yes, we are a small market lacking resources, big financial opportunities. The state administration was not one of the best, yet we should not think nothing had been done and the new government had to start from scratch.”
Bostanjyan said the government programme which is lyrical in nature and has no touch with reality can be approved considering the factor of the period, then hoping the authorities will come to understanding what means to lead a state and realize own powers. 



Source Panorama.am
Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

17:30
Expert blasts My Step Foundation's 'unacceptable' response to Panorama.am
Shushan Doydoyan, President of the Freedom of Information Center of Armenia (FOICA), has denounced the My Step Charitable Foundation’s...
16:30
US avoids government shutdown with last-minute funding bill
The US Senate has voted to pass a budget deal to avert what would be the first federal government shutdown since 2019, only hours after the...
16:01
Barack Obama's top 10 movies of 2024 includes ‘Anora' starring Armenian actors
Barack Obama has shared his favorite movies of the year, continuing what has become an annual list-making tradition from the former...
15:36
None of Baku's demands meets strong opposition from Pashinyan's government, MP says
Prime Minister Nikol Pashinyan’s government does not strongly oppose any of the demands listed by Azerbaijani President Ilham Aliyev for a...
15:00
WhatsApp wins legal case against Pegasus spyware maker
WhatsApp has prevailed against Israeli spyware maker NSO Group in a US lawsuit over NSO’s abuse of the messaging app to enable the...
14:34
Armenian woman named Female Business Leader of the Year
Amalya Yeghoyan, Executive Director of the Gyumri Information Technologies Center (GITC), has been named the Female Business Leader of the...
14:01
Saturday is the winter solstice and 2024's shortest day
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, in the Northern Hemisphere. The celestial event signifies...
13:36
Light snow expected in parts of Armenia
Dry weather is expected in Armenia’s regions on Saturday, Monday and later next week. Light snow is forecast for some parts of the...
13:06
'A new level of cynicism': UJA slams My Step Foundation's response to Panorama.am
The Union of Journalists of Armenia (UJA) on Friday issued a statement denouncing the My Step Foundation’s inappropriate response to...
12:30
Turkish FM calls for fair approach in promoting Armenia-Azerbaijan peace process
Foreign Minister Hakan Fidan held a meeting with German Foreign Minister Annalena Baerbock in Ankara on Friday. They discussed, among other...
12:05
Ruben Vardanyan held in 'complete isolation' in Baku prison, his son says
David Vardanyan, the son of former Artsakh State Minister Ruben Vardanyan, has revealed that his father is being held in “complete...
11:31
Pashinyan extends birthday greetings to Macron
Armenian Prime Minister Nikol Pashinyan sent a congratulatory message to French President Emmanuel Macron on his birthday. Below...
11:17
Armenian church commemorates St Abgar
The Armenian Apostolic Church on Saturday commemorates St Apkar (Abgar), a martyr of the church and our first Christian King....
11:05
Magnitude 4.5 earthquake hits Artsakh, felt in Armenia
A magnitude 4.5 earthquake struck Artsakh (Nagorno-Karabakh) last night. The quake occurred 30 km south of the town of Karvachar (Kelbajar)...
17:06
Armenia-Azerbaijan peace efforts remain 'an area of vital importance' to Biden administration – State Dept.
The Biden administration will continue working on the normalization of Armenian-Azerbaijani relations until the last day in office, State...
16:39
Artur Vanetsyan issues message on National Security Officer's Day
Major-General Artur Vanetsyan, the former director of Armenia's National Security Service, issued a congratulatory message on the National...
16:13
Archbishop Bagrat Galstanyan to address people live on Saturday
Archbishop Bagrat Galstanyan, the leader of the Holy Struggle movement, will address the people in a Facebook live on Saturday. “We...
15:36
MP Hovik Aghazaryan's wife dies
The wife of former Civil Contract faction MP Hovik Aghazaryan passed away last night. The lawmaker confirmed the news to Tert.am....
15:07
Panorama.am calls attention to My Step Foundation's inadequate response to request for information
The costs of the Italy trip of Armenian Prime Minister Nikol Pashinyan’s wife, Anna Hakobyan, have been kept strictly secret. Moreover,...
14:05
Dry weather expected in Armenia today
Dry weather is expected in Armenia’s regions on Friday and Saturday. Light snow is forecast for some parts of the country...
13:36
US House resolution seeks to protect religious and ethnic minorities in Syria
Representative Gregory W. Meeks (D-NY-05), Ranking Member of the House Foreign Affairs Committee, and Senator Ben Cardin (D-MD), Chairman of the...
13:00
Yerevan mayor sues three media outlets in one week
Yerevan Mayor Tigran Avinyan has filed defamation lawsuits against three media outlets in one week. According to the data on DataLex seen by...
12:30
Armenian deputy PM off to Moscow
Moscow will host the 23rd meeting of the Armenia-Russia Intergovernmental Commission on Economic Cooperation on Friday. A...
12:00
MP Taguhi Tovmasyan seeks probe over Taron Chakhoyan's statements
Nonpartisan MP Taguhi Tovmasyan has asked Armenian Prime Minister Nikol Pashinyan to order a probe into the “false allegations” made...
11:30
AN-2 plane missing in Russia's Kamchatka
An AN-2 aircraft operated by Fair Avia has gone missing over Russia's Kamchatka Peninsula, Xinhua reported on Thursday, citing local...
11:24
Drivers in Armenia given black ice warning
The Rescue Service has warned drivers about a closed road and difficult driving conditions in Armenia on Friday morning. In particular,...
11:13
Mirzoyan: Armenia, Turkey agreed to jointly assess tech requirements for railway border crossing
Ararat Mirzoyan, Armenia's Foreign Minister and the Organization of the Black Sea Economic Cooperation  (BSEC) Chair-in-Office,...
17:00
Armenia retain 100th spot in FIFA rankings
The latest FIFA men's world rankings are out. Armenia have retained the 100th spot in the FIFA rankings, the FFA reported....
16:36
ARF leader reacts to Aliyev's demands to Armenia
Ishkhan Saghatelyan, a member of the Armenian Revolutionary Federation (ARF) Armenia Supreme Council and an opposition Hayastan faction MP,...
16:00
Julieta Azaryan named new Civil Contract MP
Julieta Azaryan has been named a new lawmaker representing Armenia’s ruling Civil Contract faction. The Central Electoral Commission...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}