About 50% of Armenian citizens skeptical about government’s bailout plan

02.02.2010 19:19
About 50% of Armenian citizens skeptical about government’s bailout plan

YEREVAN, February 2. /АРКА/. About 50% of respondents surveyed on www.armbanks.am are sceptical about the government’s bailout plan.

In its plan, the government has put a special emphasis on financing those projects aimed at development of import-replacing areas by using instruments, such as government guarantees to private enterprises, direct lending, a direct participation of the government in companies’ capital and subsidies.

The survey shows that 42% of respondents or 58 people are convinced the government’s program is not able to remedy the situation, while 37% or 51 people thinks otherwise.

Twenty one percent refrained from answering the question because they had no idea about content of the governmental program.

Some 137 people have answered the question over the period between October 6, 2009, and February 1, 2010.

ARKA News Agency launched new projects - www.armbanks.am, www.bonds.am and www.anticrisis.am – as part of the strategy of Internet directions of its business.
In addition to up-to-date information, analysis, exclusive interviews and data related to banks, insurance and credit organizations as well as comparison of financial indicators and statistical reports are available on the portal.

Visitors to ARKA News Agency’s websites can enjoy online conferences and online consultation.

Credit calculator and currency converter are available as well.

ARKA News Agency started functioning on May 1, 1996. ARKA is the first agency in Armenia focused on financial and economic developments. -0--

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