Tweet
TIGRAN SARGSYAN: RAISING SOCIAL BENEFITS AND PENSIONS IS ONE OF IMPORTANT INSTRUMENTS TO REDUCE POVERTY
Noyan Tapan
12.10.2011
Armenian Prime Minister Tigran Sargsyan received on October 12 members
of the Union of Manufacturers and Businessmen of Armenia.
The prime minister told those present that the government will submit
a big tax package to the National Assembly. The aim is to expand the
tax base in Armenia, which will help increase tax collection by 101
billion drams in 2012 compared with this year. "To solve this problem,
we have targeted those sectors where the available revenues should be
revealed. Part of those revenues should be transferred to the state
budget to solve the current problems. That is, the budget deficit
should be reduced on the one hand and the expenditures should not
decline on the other. The only way is to collect more taxes, so we
will try to find additional revenues that will not hit businesses, but
at the same time will allow solving this important economic problem".
Noting that the number one problem in Armenia is poverty, to which
the global financial and economic crisis has also contributed, Tigran
Sargsyan said that raising social benefits and pensions is one of
the important instruments to reduce poverty. "In 2012 we plan to take
measures on business development. Part of state budget resources will
be used for this policy's implementation. The Ministry of Economy has
developed an industrial policy strategy, by which 1.5 billion drams
shall be invested annually to assist local enterprises, which will help
export their goods, establish international ties, etc. So we try to
collect revenues on the one hand and to spend them efficiently on the
other: to spend them on solution of social problems, poverty reduction,
and development of the business environment. The government anticipates
your assistance as well in order to cope with this difficult task".
According to the press service of the government, the meeting
participants discussed key problems encountered by representatives
of the Union of Manufacturers and Businessmen and made respective
proposals.
Noyan Tapan
12.10.2011
Armenian Prime Minister Tigran Sargsyan received on October 12 members
of the Union of Manufacturers and Businessmen of Armenia.
The prime minister told those present that the government will submit
a big tax package to the National Assembly. The aim is to expand the
tax base in Armenia, which will help increase tax collection by 101
billion drams in 2012 compared with this year. "To solve this problem,
we have targeted those sectors where the available revenues should be
revealed. Part of those revenues should be transferred to the state
budget to solve the current problems. That is, the budget deficit
should be reduced on the one hand and the expenditures should not
decline on the other. The only way is to collect more taxes, so we
will try to find additional revenues that will not hit businesses, but
at the same time will allow solving this important economic problem".
Noting that the number one problem in Armenia is poverty, to which
the global financial and economic crisis has also contributed, Tigran
Sargsyan said that raising social benefits and pensions is one of
the important instruments to reduce poverty. "In 2012 we plan to take
measures on business development. Part of state budget resources will
be used for this policy's implementation. The Ministry of Economy has
developed an industrial policy strategy, by which 1.5 billion drams
shall be invested annually to assist local enterprises, which will help
export their goods, establish international ties, etc. So we try to
collect revenues on the one hand and to spend them efficiently on the
other: to spend them on solution of social problems, poverty reduction,
and development of the business environment. The government anticipates
your assistance as well in order to cope with this difficult task".
According to the press service of the government, the meeting
participants discussed key problems encountered by representatives
of the Union of Manufacturers and Businessmen and made respective
proposals.