Return Of Deposits Or Poverty Overcoming Plan?

RETURN OF DEPOSITS OR POVERTY OVERCOMING PLAN?

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| 17:46:05 | 12-10-2005 | Politics |

During the coalition session yesterday a decision was made about the
principle of returning the deposits of the citizens made in the Soviet
times. According to the Prime Minister, the Government has chosen a
way of compensation which will be considered respectable.

According to the offer, the compensation will take place the following
way: up to 1000 rubles will be compensated by $200, 1000-3000 rubles
– $340, 3000-5000 rubles – $420, 5000-10000 rubles – $460, and above
10 000 rubles – $480.

The compensation will be made according to the degree of the social
status.

The people who are included in the groups recognized “needy” will
receive the money first. The Government has allotted 1 billion ARMD
for this purpose. “The rest will be paid as soon as we can afford
it. The other Governments will decide what to do”, Andranik Margaryan
mentioned.

Nevertheless, it is early to speak about the return of the deposits
as the process will be long. Up to now there have been two Committees
investigating the matter, but now a third one we be created which
will revise the list of those who have deposits.

By the way, oppositional deputy Manouk Gasparyan does not believe
that the deposits will be return. He says, “I have not heard of it
as a program to return deposits. Everyone says – Poverty overcoming
strategic plan”.