Yerevan/Mediamax/. Export stimulation is the only way out of the current economic situation in Armenia.

Mediamax reports that former Prime Minister of Armenia Hrant Bagratyan said this at a news conference in Yerevan today.

According to him, “the country should earn currency, and this is impossible without production”. He stressed that export of Armenian production is hindered by domestic importers.

Hrant Bagratyan also touched upon the situation with the exchange rate of the national currency. According to him, tendency of AMD depreciation against USD will be preserved till the end of the year. “In these conditions, the steps of the Central Bank of Armenia are dangerous and deal a blow to the entire banking system”, Ex-Prime Minister stated.

Hrant Bagratyan also noted that if the Armenian government takes up realization of “100 Steps” program of the oppositional Armenian National Congress, personally he will renounce struggle for shift of power.