ECONOMIST RECOMMENDS TO CUT REVENUES AND EXPENSES OF BUDGET
It is highly recommended to cut the revenues and the expenses of the state budget by 20%, said the President of “PolitEconomy” organization economist Andranik Tevanyan.
According to the economist first the small and average size business should get privileges dismissing them from ATM and defining fixed fees for them.
Regarding the crisis, Tevanyan said that the current situation in Armenia depends on the world crisis by 10-20% only. He says that we deal with the results of inaccurate policy.
“The roots of the crisis have been put in 2007, when the economic strategy has been profoundly changed by the republicans,” he said.