Armenian MP calls for combating oligarchy
14:08 • 18.06.12

Armenia’s new government will not be able to implement its program effectively unless it takes appropriate measures to fight oligarchy, a lawmaker of the Republican Party of Armenia (RPA) has warned.
Speaking to reporters on Monday, Gagik Minasyan of the RPA faction in parliament said that the ruling party proposes three steps to resolve the problem.
“Our program contains three provisions aimed at combating oligarchy. I consider it important because an effective implementation of the Government’s plan would be impossible without a successful and effective fight against the phenomeno.,” he said, adding that they have numerous other problems to resolve.
Minasyan promised that the new plans will bridge the existing gaps, adding that risks similar to those in the recession could be the only hindrance.
“Heaven forbid if a new recession comes; Armenia will not avoid [its consequences] and will have to revise its programs,” he said.
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