Yerevan/Mediamax/. The fact that Armenia was included in the list of ten worst economies in the world, composed by the Editor-in-Chief of Forbes, reflects the challenges Armenia faces, and not the position our country occupies, Armenian Minister of Finance Vache Gabrielyan said today.

Mediamax reports that Vache Gabrielyan said that the indices, taken by the magazine as a basis, regard the crisis year of 2009 and “do not reflect today’s situation of the economy”.

According to the Minister, despite serious challenges, Armenia has managed to preserve macroeconomic stability and this was deservedly assessed by international structures.

The Editor-in-Chief of Forbes Daniel Fisher put Armenia on the second line in the list of 10 “worst economies in the world”.