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Prime Minister: Directors Of Loss-Making Enterprises Should Resign

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  • Prime Minister: Directors Of Loss-Making Enterprises Should Resign

    PRIME MINISTER: DIRECTORS OF LOSS-MAKING ENTERPRISES SHOULD RESIGN

    Thursday,
    September
    26

    "Directors of those enterprises, which are partly or fully state-funded
    but operate at a loss, should be dismissed," Prime Minister Tigran
    Sargsyan said at the government session today.

    In his words, when there are no grounds for inefficient work, managers
    should resign.

    "If we fully finance an enterprise, but it operates at a loss, then
    the reason is either poor management or incorrect budget planning
    and the director cannot manage state funds. Such managers must submit
    their resignations," Tigran Sargsyan said.

    TODAY, 15:44

    Aysor.am




    From: A. Papazian
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