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Armenian government lends salaries and pensions, while next generations will pay

16:53, 21.06.2012 Region: Armenia Theme: Politics, Economics

YEREVAN. – The government of Armenia lends salaries and pensions, which the next generations will pay off, opposition Armenian National Congress group MP Hrant Bagratyan said expressing the group’s viewpoint on the 2012-2017 government program.

“What steps has the Government taken to overcome consequences of global crisis? External debt reached $6.5 billion out which $4.5 billion is state debt, while $2 billion is the private sector’s, which is more dangerous, including the banking system,” Bagratyan said.

According to him, there is no need to state Armenia’s government was able to pay salaries and pensions during the crisis, as later on next generations will pay off the entire debts.



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