01 Sep 2026
Prosperous Armenia Party leader: National debt increased by 1.4bn
This state of emergency has taken people to the extreme. Gagik Tsarukyan—chairman of the opposition Prosperous Armenia Party (PAP), MP, and business tycoon—said this at a meeting with the PAP representatives in Ijevan city on Monday, News.am reported.
"It is necessary for the halls of power to stand with the people today," he added.
Tsarukyan again proposed the government to freeze the interest rates on loans taken by the people in Armenia. "If a person does not work, how will he pay the interest [rate]?" he asked.
He noted that those infected with the coronavirus in Armenia should be provided with free medicine. "Today the national debt has increased by 1 billion 400 million. Where was that money used? People will endure if they know that tomorrow it will be good; but there is nothing left to endure," he added.
Tsarukyan said that he was not carrying out a demonstration. "Whoever has a word to say, must say and participate in the rally. Instead of discussing what I said on June 5 and admitting their shortcomings, they [the Armenian authorities] take them [my words] and launch a [criminal] case [against me]," he said.
"I have said that the condition of the people [in Armenia] is dire; they will take to the streets," Gagik Tsarukyan added.
Latest news
Latest newsRomania Faces Political Deadlock: Nicusor Dan Moves to Form a New Government
01.Sep.2026
Pashinyan Meets Aliyev in Bishkek: Armenia and Azerbaijan Prepare for a New Stage in the Peace Process
01.Sep.2026
Ukraine Plans to Present Allies with a New War Strategy and Seek Early EU Funding
31.Aug.2026
The Mecca Pact — Protection or a Trap for Turkiye?
30.Aug.2026
Tigran Khzmalyan: Armenia must make a Decisive Choice in Favor of Europe
30.Aug.2026
Bulgaria to Strengthen Its Black Sea Fleet: Sofia to Receive Seven Minehunter Vessels
29.Aug.2026
Russia Intensifies Strikes on Ukraine’s Infrastructure, Targeting Warehouses and Logistics Hubs
28.Aug.2026
A New Economic Framework for Central Asia and the Caucasus: The Role of Azerbaijan and Uzbekistan
28.Aug.2026
Moscow Warns London: Russia Considers Strikes on British Military Targets
27.Aug.2026
Kazakhstan Launches a New Economic Strategy: GDP Growth, Investment and Pension Reform
27.Aug.2026
CIA Director Visits Moscow: Trump Hopes for Results
26.Aug.2026
Former Ukrainian Defense Minister Warns of Risk of Gradual Defeat in War with Russia
25.Aug.2026
Putin Authorizes Temporary State Management of Critical Infrastructure Vulnerable to Drone Attacks
24.Aug.2026
The United States Rapidly Expands Missile Production: Pentagon Accelerates Output of Tomahawks and Other Critical Weapons
24.Aug.2026
Record Supplies: Armenia Boosts Fish Exports to Georgia
23.Aug.2026