Tweet
ARMENIA'S EX-PREMIER ON 'OLIGARCHIC TRANFORMATION'
Tert.am
10.02.12
The bill restricting cash transactions is an attempt to turn importer
oligarchs into financial oligarchs rather than a means of shadow
control, Armenia's ex-premier Hrant Bagratyan told journalists
on Friday.
"It is our problem now that this man worked for a bank, and the
agricultural sector is in charge of a machine-operator," Bagratyan
said, alluding to Armenian Prime Minister Tigran Sargsyan and Minister
of Agriculture Sergo Karapetyan.
"They say that transactions worth more than three million should be
effected by means of banks. Tigran Sargsyan is making them financial
oligarchs," Bargaryan said.
He recalled the installation of cash registers, which, according to
him, did not at all increase budget revenues.
To susbstantiate his statements, Mr Bagratyan referrs to a 2011
report by Transparency International. According to the report, shadow
economy's share was 53% in Armenia.
According to Bagratyan, that figure is the same as in 1996, when the
Nagorno-Karabakh war had just ended and Armenia was a young state.
From: Baghdasarian
Tert.am
10.02.12
The bill restricting cash transactions is an attempt to turn importer
oligarchs into financial oligarchs rather than a means of shadow
control, Armenia's ex-premier Hrant Bagratyan told journalists
on Friday.
"It is our problem now that this man worked for a bank, and the
agricultural sector is in charge of a machine-operator," Bagratyan
said, alluding to Armenian Prime Minister Tigran Sargsyan and Minister
of Agriculture Sergo Karapetyan.
"They say that transactions worth more than three million should be
effected by means of banks. Tigran Sargsyan is making them financial
oligarchs," Bargaryan said.
He recalled the installation of cash registers, which, according to
him, did not at all increase budget revenues.
To susbstantiate his statements, Mr Bagratyan referrs to a 2011
report by Transparency International. According to the report, shadow
economy's share was 53% in Armenia.
According to Bagratyan, that figure is the same as in 1996, when the
Nagorno-Karabakh war had just ended and Armenia was a young state.
From: Baghdasarian