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  • Comfort For Kickbacks

    COMFORT FOR KICKBACKS
    Naira Hayrumyan

    15:17 25/12/2012
    Story from Lragir.am News:
    http://www.lragir.am/index.php/eng/0/economy/view/28509

    Yesterday Serzh Sargsyan met with Armenian businessmen and told
    them about Armenia's successes in the economic sphere. He said that
    despite the predictions of skeptics, Armenia managed to ensure a 7%
    economic growth and budget income. That is it will be possible to
    collect the famous 101 billion.

    "Our goal is to make sure Armenia becomes a secure and stable place
    for local and foreign businessmen where law supremacy will be ensured",
    said Serzh Sargsyan.

    At the same time, he didn't bring any statistic data about the growth
    of investments or opening of new enterprises and jobs. Instead,
    minister of finances Vache Gabrielyan noted that the decline of
    investments this year is determined by the fact that 1-2 investors
    left the Armenian market. Though, it is possible that many businessmen
    preferred transferring their business to Georgia.

    The economic policy is Serzh Sargsyan's weakest point. If we can
    point out some achievements in the foreign policy and public sphere,
    in economy, the government just managed to keep the society far
    from the social rebellion. The government didn't spare efforts and
    promises to attract loans, to pay salaries and pensions in time for
    people not to rebel.

    The economic policy of the government may become the topic which
    may betray Serzh Sargsyan during the election campaign. It is not
    the foreign policy but it is the sphere the growth and decline of
    which everyone feels. Hardly anyone felt the positive changes of the
    economic policy. So, all the talks about this seem pharisaism and
    will play against Serzh Sargsyan.

    Serzh Sargsyan, unfortunately, has no grounds to say that he business
    atmosphere bettered in Armenia, that investors felt positive changes.

    Armenia's economy does not pursue the goal of developing the business,
    since investments are necessary for it. And if loans are directed to
    the development, nothing will remain for the satisfaction of social
    needs. For this, let the Armenian businessmen work in other places,
    and the government will attract loans.

    Actually, all the businessmen, Armenians and foreigners, think the
    obstacle to the business development in Armenia is the court and
    the customs. Unless fundamental changes are carried out in these
    two spheres, the midsize and small business can't develop. Only them
    major business is comfortable in Armenia.

    The list of 1000 major taxpayers of the country is headed by
    ArmRosGazProm, the second is the Zangezur copper-molybdenum combine,
    and the third is Alex Grig owned by MP Samvel Alexanyan (13.5
    billion AMD).

    The specific gravity of the first 100 taxpayers is almost 47% of the
    total taxes and the specific gravity of the first ten major taxpayers
    if the 20%. How can we talk about the development of business? Only
    kickbacks feel comfortable under such conditions.

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