Realistic Budget

REALISTIC BUDGET

Azat Artsakh – Nagorno Karabakh Republic (NKR)
17 Dec 04

According to the schedule confirmed by the speaker of the National Assembly
of NKR, on December 13 the permanent committee on finance, budget and economic
management discussed the budget bill and the bills suggested by the executive
to support the budget. The preliminary discussions are over. On the next two
days the independent members of parliament, the permanent committees and
factions will extend their suggestions to the government. During the meeting of the
permanent committee on finance, budget and economy 15 questions were discussed
including questions referring to taxes, necessity of legislative changes in
transferring the function of accounting and recording of social insurance fund
(former retirement fund) revenues to the tax agencies. The budget bill was
discussed with the participation of the NKR minister of finance and economy
Spartak Tevossian, the minister of development of industrial infrastructures and
building Boris Alaverdian. During the discussion of the bills supporting the
budget the chairman of the NKR state fund of social insurance Vasili Avetissian
and the head of the Tax Agency Hakob Ghahramanian were also present. According
to the regulations, in this stage of discussions the committees do not make
conclusions.

NIKOLAY BAGHDASSARIAN.
17-12-2004

From: Emil Lazarian | Ararat NewsPress