Tweet
BAGRAT ASATRYAN: ARMENIA'S CITIZENS WILL NOT BECOME HAPPIER BY END OF 2011
PanARMENIAN.Net
October 21, 2010 - 14:41 AMT 09:41 GMT
Former chairman of the Central Bank of Armenia Bagrat Asatryan said
that the 2011 state budget of Armenia is not the best one in the
country's history.
"Armenia's citizens will not become happier by the end of 2011, while
those people, who cannot live with our reality, will leave the country,
as the Motherland cannot create favorable life conditions for them,"
said Asatryan.
According to him, under the 2011 budget, 14.5% and 42.4% drop
will be recorded in the educational and agricultural expenditures
respectively. Besides, only 7.7% growth is envisaged in the social
expenditures, while inflation already amounted to 7.8% during the
first nine months of 2010.
Asatryan also believes that the pension reforms have been failed in
Armenia. "It had been decided to adopt all relevant laws in 2010, with
voluntary and compulsory pension systems to start operating from 2011.
However, as a result of discussions, the compulsory system was
postponed for three years, i.e. the radical reforms have been
postponed, as our government is unable to solve serious tasks,"
concluded Asatryan.
From: A. Papazian
PanARMENIAN.Net
October 21, 2010 - 14:41 AMT 09:41 GMT
Former chairman of the Central Bank of Armenia Bagrat Asatryan said
that the 2011 state budget of Armenia is not the best one in the
country's history.
"Armenia's citizens will not become happier by the end of 2011, while
those people, who cannot live with our reality, will leave the country,
as the Motherland cannot create favorable life conditions for them,"
said Asatryan.
According to him, under the 2011 budget, 14.5% and 42.4% drop
will be recorded in the educational and agricultural expenditures
respectively. Besides, only 7.7% growth is envisaged in the social
expenditures, while inflation already amounted to 7.8% during the
first nine months of 2010.
Asatryan also believes that the pension reforms have been failed in
Armenia. "It had been decided to adopt all relevant laws in 2010, with
voluntary and compulsory pension systems to start operating from 2011.
However, as a result of discussions, the compulsory system was
postponed for three years, i.e. the radical reforms have been
postponed, as our government is unable to solve serious tasks,"
concluded Asatryan.
From: A. Papazian