2012 – Year of Food Crisis

    • Business - Monday, 09 July 2012, 15:37

2012 will be a food crisis year, said economist Tatul Manaseryan noting that it won’t bypass Armenia.

According to the economist, in order to avoid the food crisis, it is necessary to first of all develop the local production, which Armenia has started doing since last year. On the other hand, it is necessary to enlarge the state food reserves of the country.

According to him, there are worrying issues: half of farming land is not used but we are able to change the situation, we need to be more decisive, said the economist.

According to Tatul Manaseryan, total concern over the growing rate of the dollar is a surprise in this stage. The economist predicts that the dram will revaluate in July.

“Along with a plenty of concerns, I can say that foreign alarms that lead to depreciation of the dram will have no negative influence on the economic processes,” he said. Tatul Manaseryan also noted that the falling prices of agricultural products affects the general consumer price index and no price increase is reported in the country.

Business

  1. Italy, Croatia, Turkey and Georgia included in Orange Zone for roaming
    250 AMD tariff for any service
    14:46 24/05/2013
  2. Orange offers to talk unlimitedly for only 20 AMD daily fee with its new “With Each Other” option
    Starting from today, Orange offers to join its voice services and activate its new “With Each Other” option to create a community with 1, 2 or 3 other persons and to talk within the community unlimitedly for only 20 AMD daily fee.
    15:50 22/05/2013
  3. HayPost renovated post office
    The official reopening ceremony of “HayPost” CJSC renovated post office N 0701 in Artashat city and Artashat post branch took place on May 22nd of this year.
    13:28 22/05/2013
  4. Oskanian: Program of Government Is Austerity Plan
    Member of Parliament Vartan Oskanian, PAP, posted a comment on the program of government on his Facebook wall.
    19:38 21/05/2013
  5. Orange offers HP and Dell laptops in the scope of the “Computer for all” project
    In the scope of the “Computer for all” project HP and Dell can be purchased at Orange shops. In the nearest future Asus laptops will be added to the list of proposed brands.
    15:27 20/05/2013
  6. U.S. Ambassador Gave Example of Sugar
    The U.S. ambassador John Heffern visited Coca Cola Hellenic Bottlers Armenia today and shared IMF’s concerns about the economy of Armenia.
    15:59 17/05/2013
  7. Electricity Bill Will Be Reviewed
    The Public Services Regulatory Commission has taken the initiative to review the price of power sold to consumers, the PSRC informs.
    20:48 15/05/2013
  8. Armenia: Time to Change the Pace
    Armenia has made great progress since independence—thanks to the efforts of successive governments.
    12:41 15/05/2013
  9. Expert from U.S. Studies Air Transportation
    The State Commission for Protection of Economic Competition continues the study air transportation, the commission informs.
    10:58 15/05/2013
  10. ARG Applied to PSRC
    ARG has applied to the Public Services Regulatory Commission to raise the price of gas.
    15:08 14/05/2013

Most Viewed