United Labor Party leader Gurgen Arsenyan advised journalists today to raise the issue of Armenia’s foreign debt. <\/p>\n
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According to the party leader, any foreign loan provided to Armenia is allocated with preconditions, which later become legislative changes.<\/p>\n
<\/p>\n
“In this case of preconditions, those resources [the funds] don’t serve the diversification of Armenia’s economy. The resources are provided, they’re given on loan, and Armenia’s competitiveness decreases day by day,” he said.<\/p>\n
<\/p>\n
Arsenyan noted as well that it’s become easier and more desirable to search for resources “in our name, in the name of our children, in the name of our state.”<\/p>\n
<\/p>\n
“This is a very dangerous tendency, against which society has to be provided. The public must be informed that a debt is incurred in its name.<\/p>\n
<\/p>\n
“The public must be informed that, in Armenia, every family’s commitment has increased by $800 dollars in the last two years, every family already has $800 dollars foreign debt, about which he is not informed. His unborn child is also in debt. He is not informed of that, they didn’t ask him: do you agree to having a $800 debt? They took out a loan in his place, I don’t know what they’ve done with that money instead of him, and [it’s] his children who will pay back that money,” said the labor party leader. <\/p>\n","protected":false},"excerpt":{"rendered":"
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