Mp Inquired About Reasons For Armenia’s Allocations To Nkr

MP INQUIRED ABOUT REASONS FOR ARMENIA’S ALLOCATIONS TO NKR

tert.am
30.10.12

The Nagorno-Karabakh Republic (NKR) receives funds under the
Armenian government’s mid-term expenditure program in conformity
with the budgetary positions year by year, which is enhancing the
NKR’s potential.

Responding to a question by Artsvik Minasyan, an MP of the Armenian
Revolutionary Federation Dashnaktsutyun (ARF-D), Armenia’s Minister
of Finance Vache Gabrielyan explained the reasons for the annual
allocation of AMD 39bn to the NKR against AMD 30bn inflow of funds
from the NKR into Armenia.

The minister pointed out difference in calculations and noted that
taxes and duties amount AMD 15 to 20bn in the NKR.

As to what the government means by “macroeconomic stability,” Minister
Gabrielyan said that it is such price rise, economic growth and deficit
that afford the opportunities to ensure steady economic growth and
economic predictability.