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PM Serge Sargsyan Presented The Priorities Of State Budget For Fisca

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  • PM Serge Sargsyan Presented The Priorities Of State Budget For Fisca

    PM SERGE SARGSYAN PRESENTED THE PRIORITIES OF STATE BUDGET FOR FISCAL YEAR 2008

    armradio.am
    13.11.2007 15:24

    Speaking at the National Assembly on the occasion of presenting
    the draft budget for Fiscal Year 2008 for the consideration of
    the Parliament, RA Prime Minister Serge Sargsyan said Budget 2008
    is rather ambitious: its implementation envisages increase of both
    revenue and expenditure parts.

    Presenting the strategic priorities of the state budget for Fiscal
    Year 2008 Serge Sargsyan pointed out to the solution of social and
    demographic issues, expansion of the educational and intellectual
    potential, development of the spheres of healthcare and organized
    rest, solution of issues concerning the modernization of industry,
    agriculture and construction, development of financial mediation,
    formation of a contemporary and effective security system, rise of
    the efficiency of republican and regional governance.

    PM Serge Sargsyan said that "the complex economic processes in
    the world have their immediate influence on the situation in our
    country and make us clarify the views on Armenia's place in world
    economy. Mr. Sargsyan underlined that it's necessary to focus primarily
    on the perspectives of future, not niggling over the discussions of
    the past omissions.

    Speaking about Armenia's neighbors, the Prime Minister said Azerbaijan
    tries to present itself as a country with great resources, "and it's
    obvious that the development of oil processing industry leaves its
    essential influence on all spheres of activity."

    "Having a favorable geographical position, Georgia brings forward
    ambitious programs of economic and political development," Serge
    Sargsyan noted.

    "It's obvious that the geopolitical and economic realities suggest that
    human resources are at the core of Armenia's development," the Prime
    Minister declared, meaning the potential of world-spread Armenians.
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