Ukrainian expert: Armenian authorities intend to rob ordinary citizens

Ukrainian expert: Armenian authorities intend to rob ordinary citizens

Baku, Azerbaijan, Nov. 22

By Matanat Nasibova – Trend:

Armenia’s new bill on introducing the money transfer taxation mechanism is the next step of the country’s government, aimed at robbing its own population, famous Ukrainian expert Alexander Okhrimenko told Trend.

A compulsory tax is introduced for all citizens from 18 to 65 years old in Armenia from 2020, the Armenian media reported. That is, every citizen who receives income from outside undertakes to declare it and pay 23 percent of income tax to the state.

“The implementation of this document will primarily have a negative impact on the poor,” Okhrimenko said.

“The Armenian government is unable to bring the country's economy out of a protracted crisis and is already using any means to close budget gaps,” he added. “First, the government decided to squeeze entrepreneurs and oligarchs, now it’s time for ordinary citizens.”

“The desperate steps of the authorities testify that the Armenian economy is indeed in a hopeless state and this may drag on for many years,” Okhrimenko said.

"According to the new law, all citizens of Armenia from 18 to 65 years old must submit declarations of their income, which means that an ordinary inhabitant in a village or in a region, having sold something, must declare every penny of profit and send 23 percent of income to the treasury,” he added.

“Perhaps if such a tough law is adopted, a new wave of protests may begin in Armenia, which will further aggravate the shaky socio-economic situation in the country,” Okhrimenko said.

It is known that Armenia is among 15 countries the economy of which is maintained thanks to transfers, and its economy would have collapsed long ago without migrant workers.

According to the International Monetary Fund, in the past few years, bank transfers reached 16 percent of the country's GDP. According to the World Bank, financial receipts from abroad from migrants are comparable with the Armenian state budget.

---

Follow the author on Twitter: @MatanatNasibova

COVID-19 death toll reaches 360, total cases climb to 8,536 in Africa: Africa CDC
COVID-19 death toll reaches 360, total cases climb to 8,536 in Africa: Africa CDC
Morocco grants pardon for 5,654 prisoners
Morocco grants pardon for 5,654 prisoners
Senegal's confirmed COVID-19 cases rise to 222, 82 cured
Senegal's confirmed COVID-19 cases rise to 222, 82 cured
Loading Bars
Latest
COVID-19 death toll reaches 360, total cases climb to 8,536 in Africa: Africa CDC
Morocco grants pardon for 5,654 prisoners
Turkic Council Member States show profound spirit of collaboration in fight against COVID-19 pandemic
Swiss coronavirus death toll rises by 19 to 559, cases top 21,000
Senegal's confirmed COVID-19 cases rise to 222, 82 cured
Azerbaijan discloses tax incentives for business entities
Georgia reports 2nd death from coronavirus
NAM member-states do not recognize so-called "elections” in Nagorno-Karabakh
Almost 2,500 more people infected with coronavirus in Iran
Unemployment rate down in Iran
Central Bank of Iran reports increase in exchange checks
Serviceman killed in armed incident in southeastern Iran
More positive coronavirus cases confirmed in Azerbaijan
Iran announces number of generators to be produced on basis of OHVG
Iran to increase output of some products
Rouhani: Low-risk economic activities to start in Iran in several days
Oil products to go on sale in Iran
Gasoline consumption decreases in Iran
Production of Pars Petrochemical Company increases in Iran
Number of oil wells drilled in Iran revealed
Spain's coronavirus death toll rises by 674 to 12,418
Azerbaijan discloses budgetary funds to fight against coronavirus
COVID-19 cases exceed 8,000 in Israel, death toll at 46
Kazakhstan reports 6th Covid-19 death
More coronavirus cases registered in Kazakhstan, total at 569 (UPDATE)
Azerbaijani government to guarantee 60 percent of new loans
Azerbaijan creating new mechanism in construction sector
Banks, insurance companies exempted from making payments in Azerbaijan in April
Import of several products to Azerbaijan to be exempted from customs duties
Azerbaijan to increase limit of electricity provided at preferential tariffs
Azerbaijan prepares video instructions on rules of using sms-permission system
Baku Media Center prepares another video footage to support fight against coronavirus
Azerbaijani State Migration Service presents another video footage related to coronavirus
Russian Expert: New deal of OPEC+ to increase oil price, to be beneficial for Azerbaijan
Iran's gas exports increase
State Border Service: Armenian armed forces fire on vehicles in Azerbaijan’s Gazakh district
Iran's trade turnover with Eurasian Economic Union announced
Greece quarantines second camp after coronavirus case confirmed
India's COVID-19 death toll rises to 77 as total cases reach 3,374
Armenia violates ceasefire with Azerbaijan 22 times
Chile registers 4,161 COVID-19 cases, 27 deaths
United slashes New York-area flights due to coronavirus
Japan reports 367 more cases of COVID-19, 3,506 in total
Saudi Arabia registers 140 new coronavirus cases
Minister: Slovenia sees Southern Gas Corridor as part of strengthening EU's supply security
2 terrorists killed in Tunisia
Brazil lawmakers pass 'war budget' as coronavirus cases top 10,000
Egypt confirms 5 more deaths from COVID-19, 71 in total
Spain to extend state of emergency to April 26 as rise in infections slows
Nineteen killed in shootout in northern Mexico
UK coronavirus death rate to stay high top medic says, as toll passes 4,300
COVID-19 cases in Turkey rise to 23,934
Iraq confirms 58 new COVID-19 cases, 2 more deaths
Heydar Aliyev Center supports France amid COVID-19 outbreak (PHOTO/VIDEO)
Entry/exit to Azerbaijan suspended: Operational Headquarters
OPEC+ ministerial meeting postponed to April 9
SOCAR: 10-15 mbpd output cut is probably implied not only by Saudis and Russia
Restrictions on movement will also be applied to foreigners in Azerbaijan
EU approves coronavirus state support for Portugal, Poland, Greece
Iran's Pars Oil and Gas Company fully operational
Azerbaijan's Finance Ministry talks state budget revenues for 1Q2020
Weekly review of Azerbaijan's precious metals market
Turkey's export to D-8 countries increases
Kazakhstan cancels import duties on various products
Georgia may tighten quarantine after first death from coronavirus
Ministry of Energy: Azerbaijan ready to continue supporting regulation of oil market
Uzbekistan begins disinfection of streets
Azerbaijan confirms 78 new cases of coronavirus
Uranium extracting venture in Kazakhstan to buy electric motors via tender
One more death from coronavirus confirmed in Kazakhstan
Spain's daily coronavirus death toll falls for second day in row
Tehran faced heavy traffic despite social distancing instructions
Rouhani: Iran's social distancing plan to continue
Death toll from coronavirus up in Iran
Import of medical goods to be exempted from VAT in Georgia
Production of Iran's Khouzestan Steel Company increases
Volume of dairy products export via Mazandaran province in Iran disclosed
Proposed 15 million bpd cut should be divided among all, not just Saudi-Russia
Turkmenbashi complex of oil refineries announces tender to buy laboratory equipment
Azerbaijan's Heydar Aliyev Center supports countries where COVID-19 widespread (PHOTO/VIDEO)
Uzbekistan to build large agro-industrial cluster
Saudi or Russia; who will suffer bigger hit in case of deadlock in oil deal?
Georgia confirms first death from coronavirus
Turkey increases export to Turkic-speaking countries
EU and FAO extend registration of agro-contest participants in Georgia
Oil storage tank commissioned at Iran's Kharg oil terminal
Organizational structure of Azerbaijan Insurers Association changes
Turkey's exports to BSEC countries grow
Uzbek automobile enterprise offers discounts
Georgia brings over 4,000 citizens home since global coronavirus outbreak
Turkmen State Bank for Foreign Economic Affairs opens tender to conduct audit
Water level of Urmia lake rises
106-years-old man recovered from coronavirus in Iran
Azerbaijan, Kyrgyzstan trade turnover significantly increases
Uzbekistan fights with economic impact of coronavirus pandemic
Azerbaijani MFA to conduct Non-Aligned Movement Summit Simulation Exercise
Turkmenistan announces measures to prevent economic downturn due to coronavirus
TURKPA condemns so-called “elections” in Nagorno-Karabakh
Iranian currency rates for April 4
MFA: Georgia continues to bring citizens back from abroad
All news