Monday, February 18 2019 14:53

ArmInfo.A political revolution took place in the country after the citizens of Armenia changed their political behavior, therefore, an economic revolution will occur when  our compatriots change their economic behavior. On February 18,  during a briefing in the Armenian parliament, the Deputy Speaker from  the My Step bloc Lena Nazaryan stated.

She noted that the government will do everything possible to create  the most comfortable and favorable conditions for the economic  revolution for the people of Armenia. "We will do everything in our  power so that the citizens of Armenia have all the prerequisites for  the economic revolution, and then, the ball is in your court", she  stated.

In turn, Mikayel Melkumyan, a MP from the Prosperous Armenia faction,  noted that there should be more investments in the country to carry  out the economic revolution.

"We all know that the economic revolution implies big changes that  must be carried out at all levels. This is a rather long and  complicated process. However, the leader of the Prosperous Armenia  Party Gagik Tsarukyan will make every effort to become a bridge  between investors and the government. We will do everything possible  to implement various programs, however, the government should also  give investors certain guarantees, "Melkumyan said.

The MP also stated that, on the whole, difficulties related to  expensive credit resources are hindering the Armenian economy,  because of this, the business cannot attract affordable loans. "I  want to emphasize once again that the volume of investments, which is  fixed in the government's program, is unsatisfactory. After all, to  bring investments from 15.5% to 23% of GDP means that the Armenian  authorities will not even reach the 2008 level of 41%," the MP said.

He also said that investment of $ 120 million a year is insignificant  and will not solve the problem. And, of course, it is not enough if  annual economic growth will vary within 7,5%. "In order for people to  feel the difference, the economic effect, we need investments in the  amount of $ 2.5- $ 3 billion, no less," concluded Melkumyan.