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Armenia's President Meets with Entrepreneurs

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  • Armenia's President Meets with Entrepreneurs

    ARMENIA'S PRESIDENT MEETS WITH ENTREPRENEURS


    YEREVAN, APRIL 13. ARMINFO. President of Armenia Robert Kocharian held
    a working meeting with newly elected members of the board of Union of
    Manufacturers and Entrepreneurs.

    ARMINFO was informed in the press office of the president, during the
    meeting the participants discussed issues concerning provision of
    equal competitive conditions for business, reduction of negative
    influence on the export of stabilization of national currency exchange
    rate, order of import of industrial equipment and a number of other
    issues. The president mentioned that steps are taken towards formation
    of equal competitive conditions for entrepreneurs and liquidation of
    mediation. In this connection Kocharian informed that ten Supervisory
    Service of the administration of the president carried out check-ups
    among the officials of tax-customs structures on the subject of
    checking the business of the persons interrelated with them, as well
    as the process of making public the list of 300 tax dodgers. "Here the
    most simple and actual method is to ensure transparency of the sphere,
    as a result of which all the deviations will be revealed, which will
    increase the efficiency of the fight against them", the president
    said.

    Concerning the problem of taxation when import of industrial equipment
    into the republic, Robert Kocharian mentioned that a package of new
    proposals regarding this issue is being prepared in association with
    international financial organizations. The president also mentioned
    that in parallel with the prosperity of the business, the tax payers
    must pay much attention to the issue of fairly fulfillment of their
    tax liabilities to the budget of the country.

    It should be noted that on the results of the first quarter of the
    current year the budget receipts from taxes totaled 35 bln drams
    against 34 bln drams envisaged. This indicator was 6.4 bln drams more
    as against the first quarter of 2004. Social payments in the reporting
    period totaled 12.9 bln drams, which is 3.4 bln drams more as against
    the same period of last year.
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