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Vestnik Kavkaza, Russia
April 26 2013
Armenian finance ministry warns against sudden increase in salaries and pensions
26 April 2013 - 4:44pm
Armenian deputy minister of finance Vardan Aramyan warns against a
sudden increase in salaries and pensions, as it would cause dramatic
inflation.
The idea was suggested by former foreign minister Vardan Oskanyan, a
representative of the Prosperous Armenia party.
"We do not support this initiative. It's a very complicated issue. A
sudden increase in salaries and pensions would cause dramatic
inflation and the economy would have no time to recover," Aramyan
says.
April 26 2013
Armenian finance ministry warns against sudden increase in salaries and pensions
26 April 2013 - 4:44pm
Armenian deputy minister of finance Vardan Aramyan warns against a
sudden increase in salaries and pensions, as it would cause dramatic
inflation.
The idea was suggested by former foreign minister Vardan Oskanyan, a
representative of the Prosperous Armenia party.
"We do not support this initiative. It's a very complicated issue. A
sudden increase in salaries and pensions would cause dramatic
inflation and the economy would have no time to recover," Aramyan
says.