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First Part Of Grant To Be Given To Armenia In 2008 Within Framework

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  • First Part Of Grant To Be Given To Armenia In 2008 Within Framework

    FIRST PART OF GRANT TO BE GIVEN TO ARMENIA IN 2008 WITHIN FRAMEWORK OF EU NEW NEIGHBORHOOD PROGRAM INCLUDED IN DRAFT STATE BUDGET

    Noyan Tapan
    Nov 1, 2007

    YEREVAN, NOVEMBER 1, NOYAN TAPAM. The first part of the grant of
    15 million euros or 6.9 billion drams to be given to Armenia in 2008
    within the frameweork of the EU New Neighborhood program is included in
    the draft state budget of the coming year. Pavel Safarian, the First
    Deputy Minister of Finance and Economy of the Republic of Armenia,
    said this at the November 1 joint sitting of the National Assembly
    standing committees.

    According to him, financing of 3.2 billion drams out of this sum is
    envisaged for vocational educational institutions as the development
    and modernization of those institutions is the only event requiring
    financing among the list of events envisaged by the EU program. The
    rest sum of 3.7 billion drams is included as assistance to RA state
    budget.

    Avet Adonts, the Chairman of the NA Standing Committee for European
    Integration, in response to journalists' questions, expressed
    an idea that the state budget today does not fully reflect the
    financing resources directed to implementation of Eurointegration
    issues. According to him, besides the above mentioned EU program,
    there are also other programs. In particular, a translation center is
    envisaged to be created in the Ministry of Justice, the key goal of
    which is to assist to bringing the Armenian Constitution in line with
    European standards. It should be mentioned that 30 million drams was
    allocated to the ministry by the 2007 state budget for this purpose
    and 102 million drams is envisaged 2008 state budget.
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