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“They take loans to distribute among oligarchs"

Economy
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"In a year Armenia will beg for the proposed variant on the Karabakh conflict settlement it is denying today," Armenia's ex Prime Minister Hrant Bagratyan said speaking about the Karabakh conflict on January 18.

"Today Armenia has appeared in a sorrowful plight. Azerbaijan is buying missiles from Israel which can be later used to bomb Yerevan from Baku. I think that next time Azerbaijan will wage a war with Armenia and not with Karabakh. Azerbaijan is trying its best to show the world that a war is the only solution to the Karabakh issue. They buy rockets with that purpose," said Mr. Bagratyan.

The ex premier is surprised at those who were caught unawares or delighted with the Constitution Court's decision on finding the Armenian-Turkish Protocols constitutional.

"Armenia and Turkey are still uncertain about their future relationship. Presently, the score is 1 to 0 in favour of Turkey which has conditioned the bilateral relations with the Karabakh conflict regulation and signed a document on the Armenian Genocide as a result," he said.

Speaking about the country's economic system, Mr. Bagratyan criticized the acting authorities for artificially appreciating the Armenian currency - dram. "Authorities take loans to distribute among oligarchs and keep the rate of the dram. They had better think of giving production and importing it overseas instead of opening new restaurants in Armenia. The country's economy doesn't register development as the authorities never distribute the income. The tax and custom sphere is adjusted to meet the interests of few people. "

The country's leadership has never turned to Mr. Bagratyan for advice.

"Today Armenia is on the verge of a gulf. Instead of asking me for advice they take me to court," the ex prime minister said jokingly.