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REVISED DRAFT BUDGET 2008 IS DISCUSSED IN RA PARLIAMENT
2007-11-27 12:06:00
ArmInfo. Today, RA Parliament started discussing the final version
of the draft budget 2008 in its extraordinary sitting.
As RA Finance and Economy Minister Vardan Khachatryan said, the
government asks the republic's parliament to approve the revenue
side of the country's revised state budget at the rate of 746
bln drams, the expenditure side - at 822 bln drams, the budget
deficit - at 76 bln drams. The revenues and expenditures the local
authorities' budgets will turn out at the level of 47,3 bln drams. As
the minister said, as a result of the parliamentary discussions,
most of the proposals was received on education - for about 10 bln
drams. These proposals were made by representatives of the Republican
party, and ARF "Dashnaktsutyun". Moreover, the proposals concerned
improvement of the water supply system, motor roads, health care
and the social sphere. In fact, the proposals were received for 3
bln drams. In general, V. Khachatryan said, there were few changes
made. In particular, the revenues and expenditure sides of the budget
were reduced by 720 mln mainly conditioned by vibration of American
dollar rate. First, they were going to set American dollar rate to
the Armenian dram at 336 drams, but after revision, it was set at 325
drams for a dollar. Moreover, the government offered to increase the
revenue side of the state budget by 2 bln drams. It is envisaged to
direct the funds at the human resource and for an overhaul of schools.
2007-11-27 12:06:00
ArmInfo. Today, RA Parliament started discussing the final version
of the draft budget 2008 in its extraordinary sitting.
As RA Finance and Economy Minister Vardan Khachatryan said, the
government asks the republic's parliament to approve the revenue
side of the country's revised state budget at the rate of 746
bln drams, the expenditure side - at 822 bln drams, the budget
deficit - at 76 bln drams. The revenues and expenditures the local
authorities' budgets will turn out at the level of 47,3 bln drams. As
the minister said, as a result of the parliamentary discussions,
most of the proposals was received on education - for about 10 bln
drams. These proposals were made by representatives of the Republican
party, and ARF "Dashnaktsutyun". Moreover, the proposals concerned
improvement of the water supply system, motor roads, health care
and the social sphere. In fact, the proposals were received for 3
bln drams. In general, V. Khachatryan said, there were few changes
made. In particular, the revenues and expenditure sides of the budget
were reduced by 720 mln mainly conditioned by vibration of American
dollar rate. First, they were going to set American dollar rate to
the Armenian dram at 336 drams, but after revision, it was set at 325
drams for a dollar. Moreover, the government offered to increase the
revenue side of the state budget by 2 bln drams. It is envisaged to
direct the funds at the human resource and for an overhaul of schools.