Hrant Bagratyan: President Instructs Who Is Liable To Tax And Who Is

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HRANT BAGRATYAN: PRESIDENT INSTRUCTS WHO IS LIABLE TO TAX AND WHO IS NOT

Mediamax
Nov 2 2012
Armenia

Yerevan/Mediamax/. Member of the ANC faction, former Prime Minister
Hrant Bagratyan said today that the Armenian President instructs who
is liable to tax and who is not.

Criticizing 2013 draft state budget, Hrant Bagratyan said that "various
economic sectors will keep being taxed unevenly, in particular,
the financial sector is not adequately charged", Mediamax reports.

"The main share of the "shadow" comprises major organizations
interrelated with the state", he said.

Hrant Bagratyan noted that the draft state budget doesn't envisage
funds for ensuring economic growth. "According to my calculations,
the standard of living will reduce by 5 % in 2013 and by 5 % in 2014
upon the introduction of the compulsory accumulative pension system",
he said.

Commenting on Armenia's progress registered in "Doing Business"
ranking list, Hrant Bagratyan said that the considerable decline in
direct foreign investments best bears witness to Armenia's investment
field this year.