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Armenian Government Lends Salaries And Pensions, While Next Generati

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  • Armenian Government Lends Salaries And Pensions, While Next Generati

    ARMENIAN GOVERNMENT LENDS SALARIES AND PENSIONS, WHILE NEXT GENERATIONS WILL PAY FOR IT - OPPOSITION

    news.am
    June 21, 2012 | 16:53

    YEREVAN. - The government of Armenia lends salaries and pensions,
    which the next generations will pay off, opposition Armenian National
    Congress group MP Hrant Bagratyan said expressing the group's viewpoint
    on the 2012-2017 government program.

    "What steps has the Government taken to overcome consequences of
    global crisis? External debt reached $6.5 billion out which $4.5
    billion is state debt, while $2 billion is the private sector's,
    which is more dangerous, including the banking system," Bagratyan said.

    According to him, there is no need to state Armenia's government was
    able to pay salaries and pensions during the crisis, as later on next
    generations will pay off the entire debts.

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