October 28, 2011 - 19:31 AMT
Ex-PM slams Armenian government’s economic policy as “marasmic”

A member of Armenian National Congress (ANC) opposition bloc, ex-PM Hrant Bagratyan slammed the government’s economic policy as “marasmic”.

In his statement at ANC rally, Bagratyan referred to the strike of Armenian NPP staff, 2012 state budget and government-provided economic growth indices. The ex-PM accused the government of providing false data, with only metal mining industry to account for possible growth.

In September 2011, 160 members of NPP engineering staff submitted letters of resignation, demanding 50% pay increase. On October 24, the Minister of Energy offered a 10% raise, which was agreed to, with the employees returning to their work.