YEREVAN, AUGUST 16, NOYAN TAPAN. There will be no considerable progress in the Armenian economy and no new investments will be made until the 2008 presidential elections, as well as no new programs will be carried out unless they are implemented by businessmen in close cooperation with the authorities. Prof.Tatul Manaserian expressed this opinion at the August 16 press conference. He expressed a wish to see "the start of the reforms promised in the period preceding elections to the National Assembly." According to the economist, it is necessary to implement these reforms so that voters will have confidence at the upcoming presidential elections. "In this sense, some progress is not ruled out," he said.

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