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Bagrat Asatryan: Government had better sell its share to people

Economy
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Economist Bagrat Asatryan suggests that the government sell its 20% share in the ArmRusGasprom CJSC to its people, instead of Gazprom.

Talking to aravot.am, the former president of the Armenian Central Bank said if the country really cares for the future of its people, it will not sell its share to Gazprom.

"If the government intends to sell its share, it should consult with its people, starting from local businessmen to pensioners. Each of us will give money from his pockets to acquire the shares. This will be a profitable deal, as even pensioners can buy shares and have guaranteed income," said Mr Bagratyan.

According to reports, Armenia's minister of energy held a meeting with Gazprom Board Chairman Alexey Miller to discuss cooperation and sale of the Armenian government's 20% share in ArmRusgasprom.