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MOST OF SUMS ENVISAGED BY 2008 DRAFT BUDGET FOR TRANSPORT AND
COMMUNICATION SECTOR TO BE ALLOCATED FOR ROADS
YEREVAN, NOVEMBER 2, NOYAN TAPAN. By the 2008 draft state budget, 23
bln 397 mln drams (about 72 mln USD) will be allocated to the transport
and communication sector - against 21 bln 196 mln drams in 2007, the RA
minister of transport and communication Andranik Manukian stated at the
November 2 joint sitting of the RA Nationaol Assembly standing
committees. According to him, this increase in allocations is mainly
conditioned by a growth of the volume of major repairs and maintenance
of roads.
The budget envisages 20 bln 748 mln drams for major repairs and
maintenance of roads, including 12 bln 195 mln drams - for major
repairs of motorways of state importance, 672.9 mln drams - for
construction of the North-South highway, 6 bln 190 mln drams - for
maintenance and operation of motorways of state importance, and 1.1 bln
drams - for major repairs of transport facilities.
909.4 mln drams will be allocated to the Yerevan subway, 276 mln drams
- to subsidizing of the electric transport.
232 mln 844 thousand drams will be allocated as the RA government's
co-financing for the WB program on traffic management and safety, 336
mln 480 thousand drams - for the program's implementation. The total
sum of assistance to WB programs on railway transport will make 540 mln
723 thousand drams.
310 mln drams is envisaged for maintenance of the ministry staff and
other expenditures. 470 mln drams will be allocated to the Republican
Telecommunication Center.
COMMUNICATION SECTOR TO BE ALLOCATED FOR ROADS
YEREVAN, NOVEMBER 2, NOYAN TAPAN. By the 2008 draft state budget, 23
bln 397 mln drams (about 72 mln USD) will be allocated to the transport
and communication sector - against 21 bln 196 mln drams in 2007, the RA
minister of transport and communication Andranik Manukian stated at the
November 2 joint sitting of the RA Nationaol Assembly standing
committees. According to him, this increase in allocations is mainly
conditioned by a growth of the volume of major repairs and maintenance
of roads.
The budget envisages 20 bln 748 mln drams for major repairs and
maintenance of roads, including 12 bln 195 mln drams - for major
repairs of motorways of state importance, 672.9 mln drams - for
construction of the North-South highway, 6 bln 190 mln drams - for
maintenance and operation of motorways of state importance, and 1.1 bln
drams - for major repairs of transport facilities.
909.4 mln drams will be allocated to the Yerevan subway, 276 mln drams
- to subsidizing of the electric transport.
232 mln 844 thousand drams will be allocated as the RA government's
co-financing for the WB program on traffic management and safety, 336
mln 480 thousand drams - for the program's implementation. The total
sum of assistance to WB programs on railway transport will make 540 mln
723 thousand drams.
310 mln drams is envisaged for maintenance of the ministry staff and
other expenditures. 470 mln drams will be allocated to the Republican
Telecommunication Center.