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PM: Must fundamentally reform system of tax admin within 2 years

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  • PM: Must fundamentally reform system of tax admin within 2 years

    Prime Minister of Armenia: We should fundamentally reform the system of
    tax administration within 2 years

    2009-03-13 19:01:00


    ArmInfo. Armenian authorities were ready to the processes in the
    domestic market that took place on March 3, Armenian Prime Minister
    Tigran Sargsyan said at a meeting with a group of journalists Friday.

    To recall, on March 3 Armenian dram devaluated by 20%, which resulted
    in price hike in the consumer market, in particular the prices of oil,
    petrol, sugar and flour hiked. Tigran Sargsyan said such developments
    arouse certain mess among citizens. `It is characteristic not only to
    Armenia. In all the countries even in developed one, essential
    commodities may disappear from the shops within an hour. All this is
    expectation of negative consequences', the premier said. He underlined
    that on March 3 relevant agencies were charged to minimize the panic
    buying. As a result, within 2-3 days the situation in the consumer
    market has been balanced. This panic in the financial market was
    overcome even earlier. To prevent similar situations in future it is
    time to create an anti-monopoly atmosphere, the premier said. `The
    best way to settle the given problem is competitive atmosphere in the
    country. To settle this task the government is going to take certain
    measure to reform the system of tax administration, to create equal
    conditions for management, fully execute laws. Within 2 years the
    system of tax administration will be fundamentally changed, which will
    allow preventing the problems that originated on March 3. There are
    also some subjective reasons for monopolization of certain economic
    sectors due to the limited domestic market, underdeveloped
    communications including the only road linking Armenia with outside
    world via Georgia. There are problems in Georgia with delivery of
    cargoes', the premier said. `Together with our Georgian partners we
    have repeatedly raised this issue. It is much cheaper and easier for
    Armenian carriers to deliver cargoes to Georgian ports than to further
    deliver them from these ports to Armenia. This hinders development of
    SMEs in Armenia. This problems can be settle by big business that has
    a relative advantage in the domestic market often abusing its
    position', the premier said. He highlighted the importance of
    increasing the role of the State Commission for Protection of Economic
    Competition in the sphere as stipulated by the governmental
    anti-crisis program. `We are ready to discuss any proposal that will
    give more powers to the commission to fight this evil', T. Sargsyan.
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