Shadow economy impedes IT idevelopment in Armenia

IT products are not sold in Armenia as businessmen have no idea of information programs' efficiency or simply do not want to cut shadow costs, Director of Nork information and Analytical center Hayk Chobanyan said.

He also added that Armenian IT companies sell products abroad, as there is no demand in domestic market.

"Shadow business rate in Armenia is very high, but in case of IT application shadow business will not survive. This might be one of the reasons for businessmen not to use new technologies,” Chobanyan stated.

According to him, Nork center experts try to establish cooperation with companies of other fields, reasoning that IT is crucial for business and through new technologies they can cut the expenses dramatically.


/News.am/