The failed socio-economic policy pursued by the Armenian Government resulted in Armenian business’ transferring to abroad, MP from Armenian Revolutionary Federation Dashnaktsutyun (ARFD) Artsvik Minasyan told the Feb. 11 briefing in the Armenian National Assembly.

According to him, an indefinite social situation has developed in the country due to Armenian Goveremnet-pursued ineffective economic policy. “No forecast of the Armenian government has come true. I am certain the inflation rate will not be in line with the Government’s forecasts either,” Minasyan said.

Speaking of the possible repetition of Egypt’s scenario in Armenia, secretary of ARFD Artyusha Shahbazyan said. “I dislike the tendency in Armenian public to cite an example of foreign revolutions. ARFD is for the conduct of a national revolution,” he said.

As Armenian News-NEWS.am reported earlier, several Armenian businessmen, particularly Hrant Vardanyan, head of Grand Holding Company Armenian MP, entrepreneur Vardan Ayvazyan intend to transfer their business to Georgia. However, the entrepreneurs refuted the information.