80% of Armenian citizens are against the obligatory accumulative pension
system, Armenian President Serzh Sargsyan said when replying the questions of
the participants in the Yerkrapah Union
of Volunteers tenth congress on Saturday.
He said that the reason is that the results of the
reforms will show much later, whereas the people want their situation to
improve now. "We knowingly resorted to that step, for the sake of our
children and grandchildren. No one can argue that reforms are not needed,"
the President said.
He also added that it is the
present-day Government of Armenia that decided to give a practical solution to
this matter. "I am completely for
these reforms. There may be poor formulations in the law, but I am confident
that the meaning does not change," he said. The pension funds will give a great momentum to all economic
actors of Armenia. This money is needed for the country's economy, so that they
may be directed to the payment of pensions in the future. "If the pension
reforms were not the necessity, the leadership of the country would not waste
such a great political resources. We are not foolish to waste political
resource on a bad thing," Serzh Sargsyan concluded.