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One Could Say There Is No Budget: Armenian Revolutionary Federation

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  • One Could Say There Is No Budget: Armenian Revolutionary Federation

    ONE COULD SAY THERE IS NO BUDGET: ARMENIAN REVOLUTIONARY FEDERATION REPRESENTATIVE

    Tert
    Nov 10 2009
    Armenia

    Armenian Revolutionary Federation (Dashnaktsutyun, or ARF-D)
    parliamentary faction intends to present its own proposals on the
    Republic of Armenia 2010 State Budget, member of Standing Committee
    on Economic Issues MP Ara Nranyan stated. The discussion of the state
    budget is already on the agenda. A number of ministries have presented
    their sections of the state financing program.

    "We aren't optimistic. Unfortunately, we see positive inclinations
    neither in the budget under discussion nor in the economic policy"
    Nranyan stated.

    According to the member of parliament, according to law, if the 2010
    budget isn't approved, the budget of the current year will be adopted,
    which is "in a better state."

    Nranyan said that the government isn't solving the problems and isn't
    able to overcome the consequences of the crisis. ARF-D's position on
    the issue hasn't changed: the government is simply playing with time,
    until the consequences of the crisis mitigate a little all over the
    world, while in developed countries a economic rise is recorded,
    which will naturally reflect upon Armenia.

    "It turns out that the government, basically closes the year
    2009 at the expense of external funds and also pins hope on the
    so-called preferential loans coming from abroad, but they are not so
    preferential, in fact," Nranyan said.

    The analyst also added that the political majority doesn't approve
    the 2010 state budget. But that very majority, according to the MP,
    doesn't vote against it either. "That would mean that the entire
    economic policy failed," said Nranyan.

    But in Amrenia, according to Nranyan, they don't admit their own
    mistakes. ARF-D representative defined the draft budget in this way:
    "One could say, there is no budget."
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