Realistic program or pre-election populism? David Ananyan on “CivilNet Business”

Co-founder of the “Wings of Unity” initiative and economist David Ananyan, appearing on the “CivilNet Business” program, presented the initiative’s economic program and its main proposed changes.

According to Ananyan, the goal of the initiative is to change the country’s economic model by shifting from a consumption-based model to an industrial one.

In his assessment, the current economic growth is largely based on consumption, whereas ensuring long-term sustainable development requires developing production and encouraging exports.

He also addressed tax policy, noting that they plan to abolish the value-added tax (VAT) and return to a progressive taxation system.

According to Ananyan, such an approach could reduce the tax burden on businesses, stimulate economic activity, and at the same time ensure a more balanced social policy.