PARADIGM
11 Aug 2018

Economy of Armenia on the background of new government and sanctions against Russia

Armenia is not ready for shatterings.

 

What kind of economic development Armenia fixed within 100 days of the new government? Economist Vahagn Khachatryan notes that one should not expect too much or get disappointed. "In fact, everything could be worse. In April, there was economic activity recession, but in the first half of the year 8.9% economic activity was recorded ",- says Khachatryan.

On the background of the fall of the Russian ruble and sanctions against Russia, it becomes clear that Armenia will face some problems. Khachatryan recalls the first sanctions against Russia, when the ruble fallen and  in 2006 Armenia recorded 0% economic growth",- emphasizes Vahagn Khachatryan and adds that  Armenia is not ready for shatterings.

Find details in the program "Paradigm".