ArmInfo. Armenia's Finance Minister Vardan Aramyan suggests not focusing on oligarchs, he told journalists on October 20 after the government session.
Touching upon the prospects of liquidating monopolies and possibilities to conduct inspections in oligarchic structures, Armayan said: "One should not focus on oligarchs, instead it is better to concentrate on overall tax justice and its principles". The minister noted that in world practice there is such a phenomenon as dominating positions on the market. In this regard the main method of regulation should become creating a system of fair competition so that the economic entities holding dominating positions could not take advantage of their position.
To note, the new government of Armenia has presented its program. The program particularly envisages fight against artificial monopolies and corruption. Within 3 months the government intends to criminalize "unlawful enrichment" and in 6 months to introduce mechanisms guaranteeing execution of relevant laws. Within a 6-month term the government intends to develop anticorruption institutional system by revising the principles of forming the relevant council, increase accountability of anticorruption and law enforcement bodies, to increase number of those officials obliged to present declaration on incomes and property, to hold events aimed at regulating collision of interests and to set legal restrictions on cash deals. Within a year the government also intends to develop legislation envisaging tougher punishment for crimes against state service.