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Armenia's Budget Proves The Country Is In Deep Crisis - Vahagn Khach

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  • Armenia's Budget Proves The Country Is In Deep Crisis - Vahagn Khach

    ARMENIA'S BUDGET PROVES THE COUNTRY IS IN DEEP CRISIS - VAHAGN KHACHATRYAN

    Tert.am
    25.11.11

    Armenia's 2012 budget proves that the country is in a deep crisis
    and that it is not a social budget at all, activist of the opposition
    Armenian National Congress (HAK) Vahagn Khachatryan has said.

    Speaking at a HAK rally on Liberty Square late on Friday, Khachatryan
    called next year's budget a "show".

    "One looks into the budget and wants to understand what they
    [government] are doing. Nothing! It is just a show," said he.

    "The 101 billion [dram] budget is planned at the expense of increased
    prices, inflation. That is to say, they do nothing. The 2012 budget
    is not a social one; it does not ensure our well-being," Khachatryan
    explained.

    Further, he said that instead Armenia's foreign debt is on the
    increase.

    "Do you want the country to go bankrupt? Do you want the country
    to reach the situation in Greece?" Khachatryan addressed a question
    to government.

    He also said that the ruling authorities backtracked on their campaign
    pledges as poverty has not been reduced; it has rather been tripled,
    while medical services are not affordable for ordinary citizens.

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