Announcement

Collapse
No announcement yet.

Will Oskanian Hang The Bell Himself?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Will Oskanian Hang The Bell Himself?

    WILL OSKANIAN HANG THE BELL HIMSELF?
    Naira Hayrumyan

    Story from Lragir.am News:
    http://www.lragir.am/engsrc/comments26818.html
    Published: 15:53:42 - 11/07/2012

    Yesterday, the ex-foreign minister of Armenia, current MP from PAP,
    Vartan Oskanian wrote in his Facebook page that the issue on the
    foreign debt of Armenia and on its effectiveness should be raised
    during the September session of the National Assembly.

    This is a very serious issue which worries everyone in Armenia. First,
    since 2013, Armenia will have to spend more than USD 400 million
    annually on the foreign debt and this will surely impact on the pocket
    of each citizen. Second, there is no use of the foreign debt besides
    the fact that it helps maintaining the social stability: there are no
    new enterprises, jobs, enhancement of tax collection and development
    of economy. Third, the foreign debt has become a slipknot for the
    country which the creditors are puling - the West, Russia.

    Will Vartan Oskanian himself raise this issue? This question was
    asked during the discussion of the program of the government but
    in the context of the economic policy. Correspondingly, after the
    adoption of the program of the government, this issue was removed.

    This issue needs to be posed in the conceptual sense - where the
    infinite debts are taking Armenia? Excuses such as other countries have
    similar debts are nonsense because the other countries develop their
    economies and try to become payable. Countries like Greece and Armenia
    may go bankrupt because they are just surviving on account of the debt.

    According to Oskanian, the state debt, if Russia gives 1 billion,
    will amount to the 55% of the GDP. Before taking another loan, he is
    sure, the government should explain to the society the effectiveness
    of the use of these means.

    The Armenian government should honestly state about the state of
    affairs or to show serious proofs that the debt is effectively used
    and we are able to pay it off, or state that we are on the edge of
    bankruptcy and call on people to national agreement. These are our
    money and our debts, and no one has the right to hide the real state.

    The state seems to be deplorable. Today the Zhogovurd newspaper
    published data that it has been two months that salaries are not paid
    in a number of public institutions in Armenia. This is explained by
    the fact that "there is no money in the budget". "The same situation
    is even in some ministries and agencies under them. Anyway, yesterday
    the newspaper received appropriate signals from one of the institutions
    under the ministry of health", the newspaper notes.

Working...
X