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IT IS IMPOSSIBLE TO IMAGINE A MORE "SOCIAL" BUDGET THAN THE ONE ARTSAKH HAS
http://karabakh-open.info/en/societyen/2319-en494
Thursday, 08 November 2012 11:46
During his meeting with the students of Artsakh State University
NKR Prime Minister Ara Haroutyunyan announced that 5 years later the
minimum-wage in Karabakh will amount to 65 thousand drams.
Whether it will conform to the minimum cost of the consumer basket
or not is hard to say as according to the Prime Minister the price on
part of the consumer goods is defined outside the borders of Artsakh
and Armenia.
As he assures during the latest years the government managed to
control the cost of the minimum consumer basket which even decreased
as compared to the previous year, in May, 2011, it constituted 34
thousand drams, while now it is only 28 thousand, though it has
increased by 7 thousand drams as compared with the year of 2008.
The point is to facilitate the social problems in the country due to
the economic growth. "The correlation of the minimum wage and the
gross domestic product is quite a positive one yet this points to
shaky economy," Ara Haroutyunyan noted. The economic growth, as he
assures, will enable to increase the minimum wage to even a greater
amount than it has been planned.
"If there are no outer economic impacts the predicted index of the
economic growth will secure an increase of the minimum wage and
pensions," the Prime Minister noted.
According to Ara Haroutyunyan it is impossible to imagine a more
"social" budget than that of Artsakh. "The state budget of the NKR
forms 50% of the GDP. Salaries and pensions constitute 60% of the
state budget. No other country, in accordance with the resources
it possesses, realizes similar social programmes. Among the CIS
countries the NKR is the second after the Ukraine". As the Prime
Minister reported according to many economists the adopted policy is
wrong and a greater attention must be paid to investments but Artsakh
manages to preserve the appropriate volume of social allocations since
in parallel with them the economy of the country grows in high rates
and the corresponding volume of investments is secured.
http://karabakh-open.info/en/societyen/2319-en494
Thursday, 08 November 2012 11:46
During his meeting with the students of Artsakh State University
NKR Prime Minister Ara Haroutyunyan announced that 5 years later the
minimum-wage in Karabakh will amount to 65 thousand drams.
Whether it will conform to the minimum cost of the consumer basket
or not is hard to say as according to the Prime Minister the price on
part of the consumer goods is defined outside the borders of Artsakh
and Armenia.
As he assures during the latest years the government managed to
control the cost of the minimum consumer basket which even decreased
as compared to the previous year, in May, 2011, it constituted 34
thousand drams, while now it is only 28 thousand, though it has
increased by 7 thousand drams as compared with the year of 2008.
The point is to facilitate the social problems in the country due to
the economic growth. "The correlation of the minimum wage and the
gross domestic product is quite a positive one yet this points to
shaky economy," Ara Haroutyunyan noted. The economic growth, as he
assures, will enable to increase the minimum wage to even a greater
amount than it has been planned.
"If there are no outer economic impacts the predicted index of the
economic growth will secure an increase of the minimum wage and
pensions," the Prime Minister noted.
According to Ara Haroutyunyan it is impossible to imagine a more
"social" budget than that of Artsakh. "The state budget of the NKR
forms 50% of the GDP. Salaries and pensions constitute 60% of the
state budget. No other country, in accordance with the resources
it possesses, realizes similar social programmes. Among the CIS
countries the NKR is the second after the Ukraine". As the Prime
Minister reported according to many economists the adopted policy is
wrong and a greater attention must be paid to investments but Artsakh
manages to preserve the appropriate volume of social allocations since
in parallel with them the economy of the country grows in high rates
and the corresponding volume of investments is secured.