Azerbaijani Army’s counter-attack has been difficult for Armenia, said Executive Director of the Center for Economic Reform Analysis and Communication Vusal Gasimli, APA-Economics reports.
He also noted that Armenia already faces such threats as devaluation of its national currency – dram and food deficiency: “The successful counteroffensive of the Azerbaijani Army further increases already high risk rate and accelerates currency flow out of the country. Now it has become even more dangerous to make investment in and to give loan to this country. The continuation of the processes in this way will also cause sharp growth of number of poor people in Armenia. Thus, the enemy country sees coming firstly the economic and later also the social and political crisis”.
Note that the existing situation that the Armenian economy has fallen in is analyzed and the report is developed at the Economic Reforms Analysis and Communication Center.