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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.

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