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Forty Percent Of Pension Payments Will Go Out Of Country - Video

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  • Forty Percent Of Pension Payments Will Go Out Of Country - Video

    FORTY PERCENT OF PENSION PAYMENTS WILL GO OUT OF COUNTRY - VIDEO

    15:44 | February 17,2014 | Economy

    About 60 percent of the money collected after the introduction of
    the new pension law will remain in Armenia while 40 percent will flow
    overseas, Vahram Baghdasaryan, a lawmaker of the Prosperous Armenia
    Party (BHK), told reporters on Monday.

    He says people are protesting against the mandatory pension component
    as they have no confidence in the system. "However, if the government
    is confident of its programs, I think that this program can be quite
    promising."

    Speaking about the socio-economic situation of Armenia, the BHK MP said
    he did not want 'to speak words of praise,' as the country is facing
    numerous problems: "There are serious problems in the legislative
    arena, market relations, economy, etc."

    Mr. Baghdasaryan says after Serzh Sargsyan's decision to join the
    Customs Union a number of serious measures are being taken to inform
    people about the benefits of the Union.

    "The package is under consideration, with serious specialists engaged
    in the process. And when the package enters parliament, we should
    hold serious debates and changes and present it to public in its
    final form," he concluded.

    http://en.a1plus.am/1182464.html

    http://www.youtube.com/watch?v=BJMu0kmcXz8




    From: A. Papazian
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