Former PM offers top ten anti-crisis measures for ArmeniaOctober 25, 2011 - 13:03 AMT PanARMENIAN.Net - Member of the Armenian National Congress (ANC) opposition bloc, former Prime Minister of Armenia Hrant Bagratyan has presented the top ten anti-crisis measures for the country. The complete list, according to him, will be read out during the ANC rally on October 28. “First, foreign aid inflows, which help artificially save the AMD exchange rate, should be sterilized,” Bagratyan told journalists in Yerevan. “Second, loan interest rate should be lowered, with loans provided to ordinary people, not oligarchs. Third, AMD exchange rate should not be raised and, fourth, the banking sector should pay taxes equal to those imposed on the other fields.” Besides, according to Bagratyan’s fifth point, mines should be sold. The sixth and seventh points say that the government or Prime Minister should not enjoy tax privileges. “Eighth, loan amortization must be banned. Ninth, monopoly should be controlled and, tenth, the public should be informed of national resources,” he concluded. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |