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    Categories: News

Chief Pres Advisor: Armenia’s extreme longing for external support

Arminfo
2007-02-24 13:58:00

Chief Presidential Advisor: Armenia’s extreme longing for external
support leads to unhealthy future

The low rates of Armenia’s tax collection can cause serious problems
in financing the state’s needs – Vaghram Nersisyanc, Chief
Presidential Advisor, said in the interview with Aravot paper.

He pointed out that starting from 2001, the annual growth of the
state’s economy is counted in the two-digit figures. However, the
volume of collected taxes "is not satisfactory". In 2006, Armenia’s
tax revenues made up only 14.5% of the gross domestic product (GDP),
including dues and social security payments – it will make 17.5%
GDP. "These revenues are not sufficient to cover administrative costs
of any state – including defence costs, development of infrastructure
and the primary social needs," V. Nersisyanc said.

Failing to mobilize internal resources of the state, Armenia extremely
longs for the external support. In its tern, this trend prevents the
country from a healthy future. The problem is not in the growth of tax
rates or in setting up new ones – the problem concerns the volumes of
taxes collected, V. Nersisyanc pointed out.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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