VARDAN AYVAZYAN: THE ECONOMIC GROWTH ENVISAGED BY STATE BUDGET QUITE REALISTIC
Nelly Danielyan
"Radiolur"
21.01.2010 14:18
Chairman of the National Assembly’s Standing Committee on Economic
Issues Vardan Ayvazyan considers that it’s quite real to achieve
the economic growth envisaged by this year’s state budget. He added
however, that it is necessary to amend the tax field to ensure
economic growth.
Last year the government implemented amendments in the tax
legislation. According to Vardan Ayvazyan, the changes were necessary
but not sufficient for the full rehabilitation of the economy.
According to the MP, the reforms will continue this year, and a number
of legislative initiatives are already being worked out.
Armenia can anticipate at least a 5% growth in case of opening of
the Armenian-Turkish border, Vardan Ayvazyan said.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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