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ARMENIAN PRESIDENT SARGSYAN WORKING TO ENSURE STABLE ECONOMIC DEVELOPMENT
CISTran Finance
June 20 2014
June 20, 2014 6:30 AM
By Lawrence Pinkel
Serzh Sargsyan, the president of Armenia, said in an interview with
Armenian Public Television on Wednesday that the government will work
to ensure the stable development of the economy and to ensure taxes
are proportionate to GDP.
The country's economy is projected to grow 5.2 percent in 2014,
according to the government budget. It is also expected to have a
four percent inflation rate, plus or minus 1.5 percent, ARKA reports.
The country saw an increase in the tax-GDP ration between 2006 and
2013, rising from 16.2 percent to 23.4 percent, respectively. Armenia
also experienced a reported increase in the average nominal monthly
salary, up 1.5 percent between April and March, to $395 dollars.
"I already see signs of the government's future successful work,"
Sargsyan said, according to ARKA.
http://cistranfinance.com/news/armenian-president-sargsyan-working-to-ensure-stable-economic-development/3578/
CISTran Finance
June 20 2014
June 20, 2014 6:30 AM
By Lawrence Pinkel
Serzh Sargsyan, the president of Armenia, said in an interview with
Armenian Public Television on Wednesday that the government will work
to ensure the stable development of the economy and to ensure taxes
are proportionate to GDP.
The country's economy is projected to grow 5.2 percent in 2014,
according to the government budget. It is also expected to have a
four percent inflation rate, plus or minus 1.5 percent, ARKA reports.
The country saw an increase in the tax-GDP ration between 2006 and
2013, rising from 16.2 percent to 23.4 percent, respectively. Armenia
also experienced a reported increase in the average nominal monthly
salary, up 1.5 percent between April and March, to $395 dollars.
"I already see signs of the government's future successful work,"
Sargsyan said, according to ARKA.
http://cistranfinance.com/news/armenian-president-sargsyan-working-to-ensure-stable-economic-development/3578/