Yerevan /Mediamax/. Armenian President Serzh Sargsian stated in Yerevan today that “one should welcome the transparent style of work of the Armenian Prime Minister, his determination and confidence for tomorrow”.

Mediamax reports that the President said this today, answering the question on his assessment for the work of the Armenian Prime Minister Tigran Sargsian and the government.

Serzh Sargsian expressed content in connection with the fact that “before the global crisis, we managed to form an efficient government and choose correct people”.

Armenian President stated that overcoming the consequences of the crisis is the most important challenge, which the country’s authorities face. Serzh Sargsian admitted that both reduction of financial help volumes, which enter the republic in the form of private transfers and reduction of the number of Armenian citizens, who are involved in seasonal work abroad, influence the economic situation in Armenia.

At the same time, Serzh Sargsian stated, the crisis has only increased determination of the authorities as to the issue of realizing large-scale infrastructural projects, such as construction of Iran-Armenia railroad, construction of a joint HPP with Iran on Araks River and constriction of a pipeline for supply of petrol and diesel fuel from Iran to Armenia.

“These projects will not only change our role in the regions, but will also change the regional distribution of forces”, the President stated.

Talking about national currency devaluation, which took place in early March, Serzh Sargsian stated that the main negative result of the given decision was certain growth of prices. The President urged the corresponding bodies to intently watch the price formation and not to allow unjustified increase of prices. Concerning the positive aspects, according to the President, devaluation of AMD had a positive influence on the domestic producers.