Armenian opposition prepares anti-crisis program

The oppositional Armenian National Congress (ANC) pays great attention not only to political matters but to economical and social ones, said at press-conference coordinator of Armenian National Congress Levon Zurabyan. He also pointed that this year’s January-September mark cutback of economic activity by 18%.

“Armenia holds the record for economic recession. This demands on an explanation,” he said blaming authorities for providing benefits for some oligarchs involved in import deals.

Armenia’s economy is in a great dependence on foreign transfers which have decreased over past months because of crisis. “If transfers decline by 40-50%, Armenia's economy will face collapse. In this case the authorities should provide low pricing, otherwise people will not be able even to pay utility bills,” he said.

According to Levon Zurabyan winter will bring some social impairing. Meanwhile, Armenian National Congress is developing anti-crisis program and will present it soon, he announced.