REPUBLICAN: UNTIL PRICES ARE UP…
Panorama.am
15:47 14/11/2007
"It was decided to make a jump in the economic field.
We will have $2,5 bln instead of $1,6 bln of the year 2007 and this
tendency will continue in the years 2009 and 2010,’~R Hakob Hakobyan,
member of the Republican party and deputy from Gegharkunik region,
said, also saying that the increase in the economic base will cover all
sectors. Speaking about rise in prices parallel to rise in salaries and
pensions, Hakobyan said Central Bank is responsible for that. He also
mentioned the public services regulatory commissions as responsible
parties for the rise in prices. He said they should follow the changes
in prices.
"Rise in salaries and pensions is compensated by higher prices,"
the Republican announced.
Asked why the government does not speak how much will be compensated
on the higher prices from the increase of salaries and pensions,
Hakobyan said: "The government must have official data to answer
that question. Until prices are not up, such calculations cannot be
made. One cannot make calculations in the air."