Artsvik Minasyan told to the First News and Analyses that this year state budget is weak with no point to distinguish. Minasyan states the state budget must be addressed to the smoothening process of the deep and comprehensive challenges the country faces today.
It should also influence the development level of democracy in the country, the demographic increase to which this year state budget is neutral. Artsvik Minasyan believes the external debt factor has no major influence on the pension increase factor, since the latter is not a very large amount and taking into account the upcoming year inflation Minasyan expressed his concern about the pensioners who are not taken care of by the government. Income increase from mine industry, gambling business although being taxed by law could be a means of increasing the pensions according to Minasyan. He concludes that there is a need of radical changes in the system.
