Announcement

Collapse
No announcement yet.

National Assembly Deputy Proposes Increasing State Social Payments B

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • National Assembly Deputy Proposes Increasing State Social Payments B

    NATIONAL ASSEMBLY DEPUTY PROPOSES INCREASING STATE SOCIAL PAYMENTS BY 20%

    Noyan Tapan
    http://www.nt.am/news.php?shownews=1013055
    M arch 17, 2009

    YEREVAN, MARCH 17, NOYAN TAPAN. Independent deputy of the National
    Assembly Victor Dallakian proposed increasing pensions, benefits and
    other social payments by 20%. He said at the parliament on March 17
    that on March 11 he put into circulation a bill on making an amendment
    to the Law on Indexation of State Expenditures in Social Protection
    Sector, and the bill envisages the above mentioned changes.

    According to V. Dallakian, a 20% rise in prices of living essentials
    was recorded in Armenia recently as a result of the financial and
    economic crisis, the change in the dram-dollar exchange rate, and the
    expected growth of gas, power and water tariffs. The rise in prices
    of living essentails has resulted in a decline of the population's
    purchasing capacity and considerable deterioration of its social
    condition. The inflation has had an especially negative impact on
    the vulnerable section, which, according to the deputy, makes about
    a million people.

    He expressed an opinion that the financial resources necessary for
    this legislative initiative can be obtained by making big business pay
    the full amount of taxes, "the necessity of which has been repeatedly
    noted by the prime minister", as well as by reducing the inflated
    expenditures of the Central Bank of Armenia and the state machinery.
Working...
X