August 28th, 2010 | 
Author: In recent days the dollar exchange rate fluctuations observed due to the rather complex situation of the persons who had taken a loan for $ particular loan taken from a number of farmers today are facing a serious problem before. Hetq recounts a conversation with them that they have taken the loan at a time when one dollar was worth 309 drams, while dollar currently has around 410 currency, and they have to return this rate loans. Why are the banks provide loans in dollars, and in this case, why is there a point of agreement, which varkarunere loan amounts could return rate, which are taken, tried to clarify a number of the deputies. The last also tried to learn what to do to solve this problem for the PAP MP Vartan Bostanjyan Hetq said that any transaction is carried out exclusively by AMD. In case of changing exchange rate and any Borrower must be able to find the equivalent in monetary terms, which will show what the activity is to carry out.
In response to our pndmann that varkarunere money they have to return the fixed rate at the moment, Mr. Bostanjyan answered. “I am not competent to answer for that year because of changes in posture such varkarunere what can be received, I myself now I can not tell you with some measure in this direction is carried out or not.” Referring to the question, the only currency transactions should be implemented, V. Bostanjyan noted that the dollar loans may also be transactions. “Simply, there is the economic entity, particularly importers, out of which our country must obtain certain goods or services, where money and they do not carry out the transaction in this case it is not considered a transaction in our country, and they can also get loans dollar , “he said. V. Bostanjyan also informed that the National Assembly and signed by several members put into circulation bill, which costs 0.5 percent of the budget (which is about 5 billion) is too small interest rate is given to small and medium enterprises, development of agrarian economies.
“This after the adoption of legislative initiative, if, for example, farmers or small and medium business are implementing their activities based program, may receive such loans: They are obviously create less burden for the borrower,” he said. The “Rule of Law Party MP ARTSRUNI Aghajanyan referring to this problem is very mtahogets He noted that discussion on this topic needs to be held in his words, if people are dollar loan taken, the treaty clause must be included to the same rate of money veradardznein. “It is the economic agreement signed between the two Commission’s bank and credit taking law allows different contract format: a specific issue related to that issue needs discussion, negotiations should be conducted,” he said, noting that they will try to the National Assembly and the Bank to take certain jobs.
“It is necessary, if such a problem: They are not done correctly, all cases should loan their money dzevakerpein: We live in Armenia, and Armenia should specify currency: U.S. dollar even if the item should include the same rate of return with” , said. Aghajanian. He noted that since varkarunern so grave condition, of course, need to reflect on that question and see what solution we can offer. ARTSRUNI Aghajanian loan taken from the farmers proposed letter to the National Assembly of Law faction, so that they speak with them, become familiar with the details of the problem. National Assembly of the ARF member Ara Nranyan e Hetq said that this issue is well known, since the regions of the meetings have repeatedly heard complaints about the bank’s credit policy “The Central Bank has always urges all national currency transactions, calls to trust national currency, but at the same time, do not take this problem setting. A. Nranyani words, not only peasants, but in general the people who want to buy credits, have the same problem. loans of credit organizations do not provide the national currency and thus are in serious condition threw citizens taking a loan, because fluctuations in case they have to pay not only the percent of credit, which have pledged themselves, but also the exchange rate difference.
“This issue was raised during the National Assembly, but the Government’s representative, if I am not mistaken, the Minister of Finance, said that such a problem yet, on the contrary, increased the number to provide loan funds, especially money, but real life is a completely different picture show and herein and can be said that the banking system and the Central Bank, such steps, they form a negative image, “said. Nranyan. Although very often the Central Bank authorities and the Government, A. Nranyani words, criticize politicians and their statements that they cause negative expectations about the citizens, but in reality it is their policies that cause negative expectations.
“A citizen went to the loan and take money, and he refuses to, say, ought to take your dollars and pay in dollars is about a citizen of no confidence in the national currency of the causes of this problem is quite serious, and it must deal with the Central Bank But, unfortunately, they are subordinated to economic interests of the economy part of banks and interest, “says A. Nranyan.
MP says that the problem is quite serious, and loans have become a heavy burden for people: The problem should be the Central Bank of Regulate. Former Prime Minister Hrant Bagratyan also noted that he found out that “ACBA-Credit Agricole Bank loans to 24 percent Ashotsk a group of villagers to come to such a complaint. Mr. Bagratyan think it comes from the Central Bank of the high reserve requirements, he noted that in general, small loans are a small risk, but their central bank reserve rules to put the same level as kdner, assume, on the wider business. ” “It comes from the fact that the last 12 years was not a man, imagine that the economy is good and some targeted programs do. Patehapasht management is going over there, money to raise prices in order to make it chshatana circulation of a sudden, there is no inflation. They fight against inflation to medieval methods. ” According to him, completely forgotten the fact that it is collecting, agricultural credit is H. Bagratyan quite sure that the CIS countries must pass specialized loans, which means that the different interests of different projects are given.
“It is dangerous risks, but the only way to participate in the banking system in the economy,” said H. Bagratyan H. Bagratyan shows the way out of the situation he believes this loan to be “restrukturizatsiayi lay claim.” In other words, should “ACBA-Credit Agricole Bank” in veravarkavorum afford to implement a certain extent. “That veravarkavorman with percentage loss occurs, the state interest that should share the loss or delay to farmers after the charge. Although 24 or 18 percent loan after delaying the case, he does not pay: In the end, the budget will be a little suffer: In other words, suffer so that ACBA-Credit Agricole Bank “by, naturally, reduced taxes to the state budget, these loans account I help them at this moment I do not see any other option,” says H. Bagratyan.
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Tags: economic entity, medium business, one dollar, particular loan, percentage loss occurs, the dollar loans