Yerevan, Januaray 24 /Mediamax/. The economic decline in the USA will influence Armenia by reduction of private transfers mainly from the USA and Russia, the Armenian Director of Armenian-European Policy and Legal Advice Center (AEPLAC) Tigran Dzhrbashian stated.

Mediamax reports that Tigran Dzhrbashian noted that the financial crisis in the USA has already influenced both the world financial market, and the market of energy carriers. “The oil prices fell for 4%, and this can not avoid influencing the Russian economy, and, correspondingly, the volume of investments and transfers to Armenia”, Tigran Dzhrbashian stated.

He noted that an adequate reaction of the Central Bank of Armenia is very important in the present situation, when already for about a few months there are scenarios in process of elaboration to counteract the negative tendencies in the global economy.

“Economic growth in Armenia will continue in future as well, although decrease of its speed seems to be likely”, Tigran Dzhrbashian stated.