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ARF-D For Increase In Armenia's Budget Revenues

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  • ARF-D For Increase In Armenia's Budget Revenues

    ARF-D FOR INCREASE IN ARMENIA'S BUDGET REVENUES

    Tert.am
    18:25 28.10.11

    The Armenian Revolutionary Federation Dashnaktsutyun (ARF-D)
    parliamentary group is for increase in budget revenues.

    At a press briefing in Parliament, the ARF-D group member Hrair
    Karapetyan noted that sufficient resources are available and
    the planned AMD 101bn increase is even small provided they are
    "discovered."

    "However, we object to it being done at the expense of small and
    medium businesses. It must be done at the expense of big businesses.
    It is big business that practices shady businesses. They must be
    forced to carry out legal activities. In this case I consider such
    an increase in budget revenues realistic," Karapetyan said.

    He noted that the minimum monthly wage must be AMD 62,000 (about
    $167) in Armenia instead of the current AMD 32,000. Karapetyan is
    also concerned over policemen's low salaries.

    The 2012 draft budget envisages an AMD 101bn increase in Armenia's
    budget revenues due to a change in the tax/GDP ratio.

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