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2010 Action Plan Of Armenian Government To Be Based On Lessons Of 20

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  • 2010 Action Plan Of Armenian Government To Be Based On Lessons Of 20

    2010 ACTION PLAN OF ARMENIAN GOVERNMENT TO BE BASED ON LESSONS OF 2009

    NOYAN TAPAN
    NOVEMBER 19, 2009
    YEREVAN

    YEREVAN, NOVEMBER 19, NOYAN TAPAN. The 2010 action plan of the Armenian
    government will be based on the lessons of 2009 and aimed at solving
    the existing problems. Armenian Prime Minister Tigran Sargsyan made
    this statement at the November 18 sitting in the National Assembly,
    when presenting the main directions of the 2010 draft state budget.

    He said the crisis has revealed the vulnerable points of the
    country's economy. The ecomomy has a low level of diversification,
    there is an acute lack of "long money" and the absence of intitutions
    working on it. The prime minister underlined that this circumstance
    reduces the possibility of diversification. Secondly, the Armenian
    economy is characterized by the existence of oligopolies and a low
    competition level. The prime minister considered the low flexibility
    of prices as a serious challenge to Armenia, adding that it results
    in a disproportionate distribution of the tax burden among economic
    entities. Thridly, the motivational mechanisms in the state government
    system are either absent or weak. Fourthly, the current mechanisms
    of financing the healthcare and education sectors are imperfect. The
    prime minister also pointed out the slow process of economic reforms
    to be accelerated by the government.

    In his words, the studies and social surveys show that the Armenian
    citizens "are concerned most of all about the problem of social
    justice, rather than about such issues as low pensions and salaries,
    unemployment, job creation, inflation, the exchange rate, even the
    problems of Nagorno Karabakh and the Genocide". "Everybody must enjoy
    equal protection of the law, regardless of their social position and
    incomes. This problem will be in the center of our attention," T.

    Sargsyan declared.

    He said this problems concerns first of all big business whose
    activities should be transparent in order to restore the trust of
    society. With this aim the government will present two important
    legislative initiatives.

    The first one is that 500 high-ranking Armenian officials will have to
    publicly present statements on their incomes and property, including
    the property of closely related persons. A single electronic register
    will be launched in Armenia and be available to all citizens.

    The second initiative - risk-based control by tax bodies means that in
    the first place, the work of big business should be transparent to the
    public, and the introduction of a compulsory audit institution is an
    important step for restoring and increasing the trust in big business.

    From: Emil Lazarian | Ararat NewsPress
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