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Ex-President Of CBA Positive About Draft State Budget For FY 2012

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  • Ex-President Of CBA Positive About Draft State Budget For FY 2012

    EX-PRESIDENT OF CBA POSITIVE ABOUT DRAFT STATE BUDGET FOR FY 2012
    Hasmik Dilanyan

    "Radiolur"
    04.11.2011 16:10

    "One of the greatest problems of our society is the extreme social
    polarization," ex-President of the Central Bank of Armenia Bagrat
    Asatryan told reporters today. He assessed the draft state budget
    for Fiscal Year 2012 as generally positive.

    Bagrat Asatryan says the decision of the government to increase
    the tax revenues with 101 billion AMD in 2012 is a "wise and long
    expected step." According to him, the taxes envisaged by the tax
    package are justified.

    "The government has set a right goal of increasing the level of tax
    collection," he said.

    Although Bagrat Asatryan is positive about State Budget 2012, he says
    citizens will live worse in 2012.

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