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RA National Assembly Envisages Finishing Discussion Of Preliminary V

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  • RA National Assembly Envisages Finishing Discussion Of Preliminary V

    RA NATIONAL ASSEMBLY ENVISAGES FINISHING DISCUSSION OF PRELIMINARY VERSION OF 2008 DRAFT STATE BUDGET ON NOVEMBER 15

    Noyan Tapan
    Nov 14, 2007

    YEREVAN, NOVEMBER 14, NOYAN TAPAN. The RA National Assembly on
    November 14 continued the discussion of the preliminary version of
    the 2008 draft state budget. It is envisaged to finish its discussion
    in November 15.

    Presenting the main macroeconomic indices and registering a
    considerable progress as compared with last year, the co-rapporteur
    Gagik Minasian - chairman of the NA standing committee on financial,
    credit and budgetary issues, member of the Republican Party of Armenia
    - assured those present that "in case of several years of such dynamic
    development, our country's indices will reach European ones".

    Other speakers also pointed out the notable growth in financing
    of several sectors, including the chairwoman of the NA standing
    committee on science, education, culture, youth and sport issues
    Hranush Hakobian, who, as she put it, has participated in the apporoval
    of 22 budgets. The chairman of the NA standing committee on social,
    health care and environmental protection issues, former minister
    of health Ara Babloyan reminded that 10 years ago the budget of the
    health care sector was about 30 million dollars, which was less than
    the budget of an average European hospital. In 2008, it is envisaged
    to allocate 54.6 billion drams (about 162.7 million USD) for health
    care, which is more by 24.2% than the 2007 index.

    To recap, the settlement exchange rate of a dollar is fixed at 336.5
    drams in the draft state budget.
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