Buyers disappearing from Armenia's domestic markets

/AzerNews/

By Mushvig Mehdiyev

The number of the buyers has drastically decreased in Armenia's domestic markets.

The salesmen in the markets complain about the decreasing number of customers year by year.

All sellers unanimously note that the issue is rooted in the growing emigration from Armenia. "Our business goes badly this year, there is no people to buy our goods. We even reduced the prices, but it also doesn't pay off," one of the mongers said.

The number of Armenia's emigrating residents is growing time by time triggered by low prosperity and high unemployment rates.

According to the New-York based Trading Economics, a source of accurate statistical information about countries all over the world, the total number of unemployed persons in Armenia increased to 65,4000 in September of 2014 from 65,000 in August this year.

Jobless persons in Armenia averaged over 84,000 from 2003 until 2014. The Central Department of the Armenian Civil Aviation's recent data revealed that about 40,000 Armenians have permanently left the country over the past ten months.

Sellers say people in Armenia have not money and almost all in the country need money to survive. "The government bears all responsibility for this neglect, as there are no workplaces. They are not interested in people's living conditions," a salesman complained.

A dangerous economic crisis has hit Armenia to recall the hardest days of the threatening stagnation in 2008. The GDP growth in the post-Soviet state is under estimated figures, according to the government and international organizations. The International Monetary Fund reduced its forecast for Armenian economy from 6.2 percent to 4.6 percent due to the ongoing economic hassle in the country.

Economy is a critical column of any country, which seriously affects the country's position in the international arena. Armenia is losing its economy and turning into a vassalage that survives through an external support. The authorities should think profoundly to overcome the problem or voluntarily surrender Armenia to a stronger country to get rid of its evil problems.