25/09/2013 15:44
Economist: Armenian Development Agency doesn’t perform its functions
“Growth in some sectors of the economy has slowed. Expectations in construction sector have proved to be wrong, export growth rates have also slowed. Although the real estate market is oversaturated, paradoxically the prices didn’t go down,” economist Tatul Manaserian said at a meeting with reporters today.
He at the same time noted that an economic setback has not been registered. In the economist’s opinion, the existing problems are caused by the absence of necessary marketing. According to Manaserian, the Armenian Development Agency shall perform that function, but it is inactive.