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Economist Critical Of Social Benefit Rates In Armenia

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  • Economist Critical Of Social Benefit Rates In Armenia

    ECONOMIST CRITICAL OF SOCIAL BENEFIT RATES IN ARMENIA

    tert.am
    10.01.13

    Armenia's authorities neither bear nor feel any responsibility to
    citizens.

    On the other hand, the authorities feel responsible to the people
    that help them to return to power, the economist Vahagn Khachatryan
    told Tert.am as he commented on the government-approved social
    benefit rates.

    "Our budget allows for higher benefit rates, but our budget is not
    what it really is. The International Monetary Fund recently mentioned
    35-40 percent shadow economy. Our budget can at least be 40 percent
    larger," Mr Khachatryan said.

    "The economic policy should improve citizens' social conditions from
    year to year. We are speaking of prosperity now, but no conditions
    for prosperity are being created. Tigran Sargsyan's cabinet is doing
    the opposite," Mr Khachatryan said.

    He voiced the opinion that social benefit rates require more attention
    on the threshold of elections.


    From: Baghdasarian
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