The economy has predictably become a major issue for debate in the unfolding parliamentary election campaign. Not only the political forces running on an opposition platform, but even the pro-establishment Prosperous Armenia Party (PAP) have been criticizing the government over its handling of economic issues, calling the current economic policies "mediocre".
The matter of investment is particularly topical. During the past several years Armenia has stopped some investment programs, in particular its "bloated construction", without putting anything in its place. According to former foreign minister Vartan Oskanian, who is now running for parliament on the PAP list of candidates, "during the past four years not only have we failed to make any headway, but we have even suffered setbacks in some directions."
Armenian News
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