On October 25, the National Assembly adopted the government proposed changes to the “Law on Temporary Unemployment Benefit” into law after third reading. The ARF-Dashnaktsutyun faction voted against the changes. Currently the changes have been sent to the President to be signed into law and enacted. Now, an open letter, expressing more than ten NGOs’…
By ARA KHANJIAN On June 24, 2010, the Republic of Armenia’s National Assembly decided to privatize its social security system by adopting an extreme version of a private pension model. Along with the pension system, the National Assembly also radically changed its income tax regime. The mandatory private pension system is set to take effect…
On October 5, discussions in the Armenian parliament continued regarding the Armenian government’s proposed package of amendments to the Law on Excise Tax, which it had introduced previously on September 5. Currently, importers of vodka, diesel fuel and cigarettes pay only a fixed tax on the physical volume of their imports. By contrast, local tobacco…
“Statistical indexes, which relate to the Republic of Armenia must be studied, researched, discussed; however, I believe, that there is an unnecessary uproar connected with these indexes because all of those indexes are contentious,” Ara Nranyan, a member of the ARF-D parliamentary faction said in an interview with www.7OR.am. “Taking into consideration our economic condition,…
Russian Railways’ plans In an interview with the daily Aravot on August 6, Ara Nranyan a member of the ARF-D faction in the Armenian parliament said, “The leadership of the South Caucasus Railways (SCR) and Russian Railways has close ties to Azerbaijan’s political elite.” According to the parliamentarian the SCR is pursuing the creation of…
By Professor Ara Khanjian About a month ago, the National Assembly decided to privatize the pension system and adopted an extreme version of a private pension model, where 100% of employee pension payments will be allocated to private individual pension accounts. Along with the pension system, the National Assembly also radically changed the income tax…
10 July 2010 – In an interview with “Capital,” Ara Nranyan, a parliament deputy from the opposition Armenian Revolutionary Federation (Dashnaktsutyun) and a member of the ARF-D Supreme Council of Armenia , criticizes the ongoing reform of Armenia’s pension system initiated by the government. “A model of a backward country is being built in Armenia,”…
In 2014, Armenia will entirely switch to an accumulated pension system. Last week, the bill on “State Pensions”, which comprises of pension reforms, was discussed and passed with first reading at the special session of the National Assembly. According to the draft bill, in 2011 the voluntary option of the accumulated pension system would come…
YEREVAN — The ARF-Dashnaktsutyun faction in the National Assembly has been voicing serious concern with the government’s decision to privatize pension funds in the country. The Armenian government adopted a decision to privatize the country’s pension plan back in November, 2008. While the stated intention of the government’s pension reform is to increase pension benefits…
In recent days the Bureau of the ARF-Dashnaktsutyun held its regular plenary session. The activities of the past three months were summarized and evaluated. With regard to future activities, the fundamental items on the agenda were the difficult social and economic situation in Armenia, the unresolved issues of the country’s democratization and its ethical atmosphere,…
