YEREVAN. – Passed year was difficult enough for Armenia’s economy as not a single country could fix a certain model of economic development following the world crisis, expert Tatul Manaseryan told Armenian News-NEWS.am.

According to him, all the developed and developing countries were in searches to overcome the situation.

Manaseryan believes that future of economy of Armenia lies in development of the processing industry.

For Armenia there were both positive and negative economic tendencies. The increase of export volumes was positive, while concerning is the fact that it was due to the development of extractive industries and demand on the world market. As for the IT field, Manaseryan stated that its development in Armenia is of vital importance for the country.