I strongly believe that nobody, including Russia, has or will ever stop us from fighting our own corruption problem; bringing order inside our own house is our problem, thus we should not put the blame on anybody or try to look for reasons why it does not happen. It is us that are guilty in all this. If we are not satisfied with the current social and economic situation, it is the fault of the society, political elite and our decision makers.
The Armenian energy and natural resources minister Armen Movsisyan said concerning Armenia’s debt of $155 million that the debt was accumulated since 2011. The minister’s cloudy explanation gives a clue that the price of gas was increased in 2011 but ArmRusGazArd company continued paying the old price ($180).
Business Innovation Forum was launched in Dilijan yesterday. PM Tigran Sargsyan participated in the forum, where he made a speech on the IT sector in Armenia and prospects of development.
The World Bank has published a report entitled “Republic of Armenia: Accumulation, Competition, and Connectivity.” The government of Armenia will not be happy about some definitions and interpretations in this report.
It was a routine day in 1945 when Frank McNamara, director of Hamilton Credit Corporation, after dining in a restaurant in New York found out that he had forgotten his wallet in the pocket of another jacket at home. The businessman had to call his wife to bring money. This became a reason for creating a universal payment tool for service centers.
How was the gas debt worth 300 million USD accrued? And how did 155 million USD out of that become Armenia’s debt to the Russian GazProm, in lieu of which Armenia gave in 20% of ArmRuzGasArd to Russia? Due to the answers of the minister of energy of Armenia Armen Movsisyan became the most debatable themes of the economic media.
Although the government almost daily reiterates that it’s not going to stand back from its decision to implement the new pension reform, the protests and complaints just don’t stop. But these complaints and discontent have one interesting peculiarity.
Three years ago an Armenian delegation led by PM Tigran Sargsyan participated in Shanghai Expo 2010. This participation of the Armenian delegation in the Chinese exhibition was widely broadcast in Armenian media.
Minister of energy resources Armen Movsisyan made a number of interesting statements in a briefing with journalists in the parliament. These statements give clues to the question where the 155 million debt comes from and why the 20% of Armenia’s share in ArmRusGazArd company was given to Russians, and what is going on around the issue of gas price.
Armenia needs to decide which path and sector it wants to pursue. Armenia is a sovereign country, and the US and Europe are not trying to take that sovereignty away from them.
