Tweet
LAW ON STATE RESERVE WAS PASSED IN 2005 BUT THERE IS NO RESERVE YET
KarabakhOpen
12-05-2008 17:22:47
The prices of various products, including foodstuffs, grow day
by day. Is it possible to regulate this and what efforts does the
government make to relieve the heavy load of ordinary citizens? The
chair of the NKR National Assembly Committee of Finance and Budget
Benik Bakshiyan answered the questions of Karabakh-Open.com.
The world is on the verge of economic crisis, therefore the growth
of prices of all kinds of foodstuffs is inevitable. The member of
parliament thinks the only way to slow down inflation is to produce
and sell competitive production.
Benik Bakshiyan thinks Karabakh has all the preconditions for becoming
an industrial country. The government must organize production. "It
is necessary to expand production of foodstuffs, not only for
local consumption but also for export," said Benik Bakshiyan. He
underlined that since the "government finally faces to villages",
there is certain activity regarding investments.
"I think investments would be justified if they were aimed at the
creation of major farms. It is necessary to consolidate minor farms. It
is an axiom, land should be consolidated. It will necessitate creation
of infrastructures - processing factories, warehouses, outlets,
roads, etc.
It must be the first move toward slowing down inflation," the member
of parliament said.
In answer to our question whether the government has a state reserve
in case the inflation leads to shortage of products, the member of
parliament said.
"The law on the state reserve was passed in April 2005, but nothing
has been done so far to bring it into being. According to the law,
a reserve of foodstuffs should be created. Thanks to this it will be
possible to soften the "impression" from inflation. The reserve fund
is created for such purposes."
KarabakhOpen
12-05-2008 17:22:47
The prices of various products, including foodstuffs, grow day
by day. Is it possible to regulate this and what efforts does the
government make to relieve the heavy load of ordinary citizens? The
chair of the NKR National Assembly Committee of Finance and Budget
Benik Bakshiyan answered the questions of Karabakh-Open.com.
The world is on the verge of economic crisis, therefore the growth
of prices of all kinds of foodstuffs is inevitable. The member of
parliament thinks the only way to slow down inflation is to produce
and sell competitive production.
Benik Bakshiyan thinks Karabakh has all the preconditions for becoming
an industrial country. The government must organize production. "It
is necessary to expand production of foodstuffs, not only for
local consumption but also for export," said Benik Bakshiyan. He
underlined that since the "government finally faces to villages",
there is certain activity regarding investments.
"I think investments would be justified if they were aimed at the
creation of major farms. It is necessary to consolidate minor farms. It
is an axiom, land should be consolidated. It will necessitate creation
of infrastructures - processing factories, warehouses, outlets,
roads, etc.
It must be the first move toward slowing down inflation," the member
of parliament said.
In answer to our question whether the government has a state reserve
in case the inflation leads to shortage of products, the member of
parliament said.
"The law on the state reserve was passed in April 2005, but nothing
has been done so far to bring it into being. According to the law,
a reserve of foodstuffs should be created. Thanks to this it will be
possible to soften the "impression" from inflation. The reserve fund
is created for such purposes."