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MPs, Ministers Must Not Do Business, Premier States

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  • MPs, Ministers Must Not Do Business, Premier States

    MPS, MINISTERS MUST NOT DO BUSINESS, PREMIER STATES

    news.am
    April 8 2010
    Armenia

    "We all together must see to it that all the large Armenian enterprises
    provide their accounts to the public," RA Prime Minister Tigran
    Sargsyan stated at the RA Government's sitting on April 8. He pointed
    out that a list of 285 enterprises recording an annual turnover of
    1bn AMD has been published.

    "We are accused of being unable to ensure proper control over large
    enterprises, and I agree with the criticism. If a large enterprise
    can evade taxes, it is a scourge for the state - it destroys the
    foundations of the state and hinders SMB development," the Premier
    said.

    He stated that the RA Ministry of Finance must publish the results of
    its surveys and show the comparative indices of the largest taxpayers
    for 2008 and 2009.

    "We suspect that the tax burden has mainly fallen on small-to-medium
    businesses, not on the large enterprises. And we must expel the
    suspicions," T. Sargsyan said. He pointed out that publicity is the
    best way of ensuring transparency.

    "If we also set up commissions for ethics, which are supposed to
    supervise Parliament members and Ministers and prevent them from
    doing business, I think our society will have greater confidence in
    big businesses. We need it, of course," the Premier said.
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