Thursday, July 30 2020 00:42

Second President of Armenia: Most of the problems in the economy are  caused by ineffective management

Second President of Armenia: Most of the problems in the economy are  caused by ineffective management

ArmInfo. Most of the problems in the Armenian economy are caused by ineffective management, and if it were not for the so-called revolution, then economic growth could have been higher. The second president of Armenia Robert Kocharian stated  this in an interview with a number of opposition TV channels.

According to him, if we talk about whether there is corruption in the  government today, then the premiums in government bodies in the  amount of $ 120 million are nothing more than its obvious  manifestation.  He noted that the government gave many promises and  one of the important points is the diversification of the economy.  But it turned out that again the mining sector remains the locomotive  of the country's economic development and never before has the  country's bowels been exploited so intensively.  In conditions of  restrictions due to the state of emergency, Kocharian noted that the  state had to pay money to the population, in addition, in some areas,  for example, in tourism, it was necessary to take urgent measures and  save the situation, showing a separate approach.

He believes that the problem of the authorities is in the rejection  of their own mistakes, and this looks like a complex. Without this,  the authorities will not be able to cope with the situation.   Kocharian believes that the economic downturn could be 10-12%,  although in reality the pandemic should not have had such a serious  impact. In the future, much will depend on the state of the global  economy and the likelihood of a second wave of a pandemic, "Kocharyan  concluded.