Wednesday, June 12 2019 12:48
Alexandr Avanesov

Official: In Armenia, there is no clear assessment of the volume of the shadow economy

Official: In Armenia, there is no clear assessment of the volume of the shadow economy

ArmInfo. In Armenia, there is no clear assessment of the volume of the shadow economy. Deputy Minister of Finance Arman Poghosyan announced this on June 12 at the hearings in the commission of the Armenian parliament on economic issues.

According to him, with such estimates, there would be no shadow economy. Speaking about the statement of the Prime Minister of the Republic of Armenia on declaring an additional 50.200 jobs, the deputy minister stressed that in this case it is necessary to take into account the seasonality factor. "An employee who collected apricots for 15 days is also included in this list," stated Arman Poghosyan. Therefore, he continued, it cannot be argued that there are no more hidden jobs in the republic.

Earlier, Chairman of the State Revenue Committee (SRC) of the Republic of Armenia David Ananyan noted that the process of introducing the electronic mechanism for assessing the "shadow" economy began in the SRC of Armenia. According to him, the "shadow" will always take place, but it is important to keep it under control. Despite the disagreement of a number of economists, David Ananyan continued, but the volumes of the "shadow economy" in Armenia are within reasonable limits - 15-17%. The head of the SRC noted that this level can be completely controlled, and for this purpose there are all the tools for conducting a full assessment. "At the moment, the data of the National Statistical Committee testifies to the presence of 22-25% of the" shadow. "But in reality, I don't know what percentage of the shadow we have. No one knows about it. You ask why? Because there is simply no methodology for calculating the shadow" - said the chairman of the SRC. At the same time, he pointed out the existence of some ideas about the scale of the "shadow" in each individual area, and, in order to reduce it, problems are usually solved together with large organizations working in one area or another.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

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Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

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USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

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-

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USD

Цена откр.

482,00

Цена закр.

482,00

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482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

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