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Lawmaker: We are closing with debts not only the year, but also the century (video)
Although taxes have not collected fully, we are closing the year in a normal way, Republican lawmaker Sukias Avetisyan told reporters on December 23. He says the money to be received under loan agreements is foreseeen by the 2016 budget is aimed ensuring the financial sustainability of the budget. Lyova Khachatryan from the Prosperous Armenia Party (BHK) says we are closing with debts not only the year, but also the century. “This will greatly affect the living standards of our people,” he stressed. Sukias Avetisyan says Armenia has been taking loans since 1995 and it is not bad at all, but the loans should serve the purpose. “Only a small part of the loans we have taken add value,” he said.
