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Tigran Sargsyan: More Taxes Must Be Collected In 2012

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  • Tigran Sargsyan: More Taxes Must Be Collected In 2012

    TIGRAN SARGSYAN: MORE TAXES MUST BE COLLECTED IN 2012

    ARMENPRESS
    15:05, 12 October, 2011

    Prime Minister Tigran Sargsyan received today members of the Armenian
    Union of Manufacturers and Businessmen. Governmental press service
    reported that addressing the present Tigran Sargsyan informed that
    the government will present a big package to the National Assembly
    the goal of which is to extend the tax base of the country, which on
    its turn will promote gathering of 101 billion AMD more tax in 2011
    than during the running year.

    "For solving this issue we have targeted the spheres where we must
    reveal the existing income. Part of them must enter the state budget
    for the implementation of issue we are facing. On one hand we must
    reduce the budget deficit, on the other we must not reduce the
    expenses. The only way to do it is gathering more taxes," the prime
    minister said.

    Tigran Sargsyan said the number one issue Armenia is facing is poverty
    promoted by the world financial-economic crisis. The prime minister
    said one of the important tools of overcoming it is increase of the
    amount of social allowances and pensions. "In 2012 we are planning
    to implement a number of events for promoting the development of
    business. A part of the state budget will be directed toward it. The
    Ministry of Economy has worked out a strategy of industrial policy
    according to which1.5 billion AMD must annually be invested for the
    assistance of local enterprises which on its turn will promote the
    export of the products, establishment of international ties. That
    is to say on one hand we are trying to gather income, on the other,
    spend them effectively for the solution of social issues, reduction
    of poverty, development of business environment", the prime minister
    said, adding that he expects the assistance of the Union.

    Afterward the issues the members of the Union were concerned about
    were raised, proposals were forwarded.

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