Tweet
Expert: The Armenian Government continue inventing figures and has no
specific concept of economic development
ARMINFO
Friday, June 10, 19:51
The Government of Armenia does not have a specific concept of economic
development and its official statistics are just invented figures,
Doctor of Economics Tatul Manaseryan said during a seminar at the
Armenian Center for National and International Studies today.
Management expert Harutyun Mesrobyan supported Manaseryan by saying
that the real inflation in Armenia ranges from 45% for the poor to 9%
for the rich.
Despite certain increase in tax revenues due to tougher tax
administration in small and medium-sized business and trade, the
country's fiscal policy is the same: oligarchs do not put coin into
the national moneybox with small companies carrying the whole burden
on their shoulders. Shadow economy is very high - 70-80%.
Even though education and science have been proclaimed as national
priorities, nothing is being done in these fields, with science
receiving just 1% of GDP. The Academy of Sciences has become a
pensioners house as very few young people wish become scientists
today. Very little is done to employ the capacities of the Diaspora.
There are just a few examples of good projects. One of them is the
decision to create free economic zones. This project can help to
alleviate economic inequality between Yerevan and marzes but needs
more active effort on the part of state administrators.
specific concept of economic development
ARMINFO
Friday, June 10, 19:51
The Government of Armenia does not have a specific concept of economic
development and its official statistics are just invented figures,
Doctor of Economics Tatul Manaseryan said during a seminar at the
Armenian Center for National and International Studies today.
Management expert Harutyun Mesrobyan supported Manaseryan by saying
that the real inflation in Armenia ranges from 45% for the poor to 9%
for the rich.
Despite certain increase in tax revenues due to tougher tax
administration in small and medium-sized business and trade, the
country's fiscal policy is the same: oligarchs do not put coin into
the national moneybox with small companies carrying the whole burden
on their shoulders. Shadow economy is very high - 70-80%.
Even though education and science have been proclaimed as national
priorities, nothing is being done in these fields, with science
receiving just 1% of GDP. The Academy of Sciences has become a
pensioners house as very few young people wish become scientists
today. Very little is done to employ the capacities of the Diaspora.
There are just a few examples of good projects. One of them is the
decision to create free economic zones. This project can help to
alleviate economic inequality between Yerevan and marzes but needs
more active effort on the part of state administrators.