ArmInfo. Despite economic growth in Armenia last year, no economic progress was recorded, Bagrat Asatryan, ex-chairman of the Central Bank of Armenia (CBA),  said. 

ArmInfo.

ArmInfo.Former chairman of the Central Bank, economist Bagrat Asatryan sees positive prerequisites for ensuring the 7% GDP growth planned by the state budget. He stated  this in an interview with the RFE/RL's Armenian Service.

ArmInfo.Our leadership could well have bypassed the threat of the "Zangezur Corridor" by declaring the country open. Former Head of the Central Bank of Armenia,  economist Bagrat Asatryan, expressed a similar opinion to ArmInfo.

ArmInfo.The Armenian economy has not yet been faced with the consequences of the defeat in the 44-day war. The trends that we observe in the economy today are results of  the consequences of the coronavirus pandemic in the world. Former  Head of the Central Bank of Armenia, candidate for MP of the  proportional list of the Armenian National Congress Party Bagrat  Asatryan expressed this opinion at a press conference.

ArmInfo. In fact, Armenia is just entering the stage of a real economic crisis, with all its attendant internal and external manifestations. Former Chairman of  the Central Bank of Armenia, economist Bagrat Asatryan expressed a  similar opinion to ArmInfo.

ArmInfo. The processes around Gagik Tsarukyan are part of the struggle of Nikol Pashinyan's government with the oligarchy rooted in our country over the years.  This is one of the next stages in the overall recovery of the  economy, former Chairman of the Central Bank of Armenia, economist  Bagrat Asatryan expressed a similar opinion to ArmInfo.

ArmInfo.Armenia needs to gradually replace gas with alternative energy sources. We all need to displace gas consumption from our everyday life in a natural way, former  Chairman of the Central Bank of Armenia, economist Bagrat Asatryan  expressed a similar opinion to ArmInfo.

ArmInfo. I am deeply convinced that the law "On Bank Secrecy" is necessary for our country. First of all, in view of the fact that this law is an additional guarantee of  attracting investments, and in the existing conditions it is also a  guarantee of preventing the outflow of funds from banks, former  Chairman of the Central Bank of Armenia, economist Bagrat Asatryan  expressed a similar opinion to ArmInfo.  

ArmInfo.The programs of the Armenian government should be aimed not only at mitigating the current socio-economic situation. They should be aimed at the future  - the further development of the economy and the country as a whole  is the only way out. Such an  opinion was expressed to ArmInfo by   ex-Chairman of the Central Bank of Armenia, economist Bagrat  Asatryan.

ArmInfo.

ArmInfo. Armenia is not ready for serious investments today. Bagrat Asatryan, an economist and former chairman of the Central Bank of Armenia, said this at a  press conference in Yerevan on February 19.   Referring to the indicators of economic activity in 2019 and the  challenges of 2020, he noted that the growth in investment over the  past decade was mainly due to specific events and specific  transactions. Meanwhile, there are still no institutional mechanisms  to solve the existing problem. "From an institutional point of view,  Armenia is not ready for investments, but we should not wait for the  results of this or next year," he said, not excluding the possibility  of 1-2 deals, which, however, will not solve the problems.   The economist emphasized that the authorities should do something in  this direction, specific solutions are needed, including using  budgetary funds that could be directed to the development of specific  programs and their presentation to the international community. In  this case, according to Asatryan, a positive trend can be expected,  but you should not expect qualitative changes in a short period of  time.  According to Bagrat Asatryan, when applying specific steps  that are able to regulate the field, the results can be expected in  short term. "Develop the judicial system, and I promise you that the  investment flow will increase qualitatively, and interest rates in  the banking system will decrease significantly. The issue of property  rights, the law on property declarations are insufficient to solve  this problem, it is necessary to find solutions that would become  reality, not a promise, especially given the current situation, "said   the economist.  Touching upon Amulsar issue, the economist noted  that this, of course, could have a negative impact on the investment  environment. "There are certain dangers, such problems must be  resolved quickly. They should not be put off, the authorities should  be decisive. Each day of delay endanger the republic, "Bagrat  Asatryan said.

ArmInfo.The latest official statistics on the Armenian economy contain certain and inexplicable contradictions. Former Chairman of the Central Bank of Armenia,  economist Bagrat Asatryan expressed such an opinion to ArmInfo.

ArmInfo. Economic growth in  Armenia by the end of 2018 is expected in the range of 5.5-6%, former  Head of the Central Bank of Armenia Bagrat Asatryan gave such a  forecast on December 21 at a press conference.

ArmInfo.Former chairman of the Central Bank of Armenia, economist Bagrat Asatryan is convinced that all incomes of citizens should be taxed, and not just salaries.

ArmInfo.

ArmInfo. The former head of the Central Bank of Armenia Bagrat Asatryan considers it possible to reduce the rates of income tax by reducing the shadow. "Fighting corruption and transferring to the white field will also increase wages and pensions to citizens without increasing the debt burden on the country," Astaryan said on May 30, responding to a question from ArmInfo.

ArmInfo. Today, officials should seriously consider implementing a set of measures for the development of the construction industry, volumes of which in Armenia continue to decline.This was stated by ACB ex head, economist Bagrat Asatryan during the press conference on May 24.

ArmInfo.

ArmInfo. For now there is no program in Armenia guarantying 5% economy growth. This was stated during the press conference on May 24 by Bagrat Asatryan, economist, ACB ex chairman, based on the President's statement on  providing annual average economy growth for 5%.