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Armenian Newspaper Haykakan Zhamanak: Armenia’s new premier to initiate business redistribution process?

September 24, 2016 By administrator

armenian-pm-economy-changeShortly after taking the office of prime minister, Karen Karapetyan is said to be considering serious plans for business and economic redistribution.
Citing its sources close to the government, the paper claims that his statements promising active efforts towards the economy’s development and liberalization are aimed at realizing the said objectives. Karapetyan intends particularly to focus on quotas and control mechanisms to rule out absolute monopolies by major businesses owned by government-linked entrepreneurs.

The paper notes that earlier calls by top government figures for eradicating corruption and shadow economy never ended in mass redistributions.

Filed Under: Articles Tagged With: Armenian, Economic, new, PM, redistribution.

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