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Science And Education Financed In Amount Of 72.1 Billion Drams From

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  • Science And Education Financed In Amount Of 72.1 Billion Drams From

    SCIENCE AND EDUCATION FINANCED IN AMOUNT OF 72.1 BILLION DRAMS FROM STATE BUDGET IN 2006

    Noyan Tapan
    Sep 5, 2007

    YEREVAN, SEPTEMBER 5, NOYAN TAPAN. 72.1 bln drams (about 173.3 mln USD)
    was allocated from the RA state budget to the sphere of science and
    education in 2006. The fulfilment index made 88.5%. The deviation
    is mainly conditioned by a low implemenation index of grant and
    credit programs on elementray, main and secondary education. Without
    these programs, the fulfilment index made 99.5%. There was a growth
    of allocations with respect to all subgroups of the education and
    science sphere as compared with 2005, as a result of which expenditures
    grew by 18.6%, the RA deputy minister of finance and economy, chief
    treasurer Atom Janjughazian said at the September 5 joint sitting of
    the RA National Assemly standing committees.

    According to him, 72% of expenditures on the sphere of education and
    science or about 52 bln drams was allocated for the comprehensive
    education system.

    The annual program was fulfilled by 84.9%. The deviation was mainly
    caused by delay in incurring expenses envisaged by the Lincy Foundation
    grant programs, as well as by underfulfilment of the education quality
    and conformity credit program implemented with the assistance of the
    World Bank.

    In 2006, over 4.3 bln drams was allocated from the state budget to
    general special programs whose implementation index made 98.1%, 2.3
    bln drams - to out-of-school education (99.9%), and about 5.3 bln
    drams - to higher and post-graduate special education programs (99.9%).

    5.2 bln drams was allocated to science, which made 99.8% of the
    envisaged amount. Financing of science was done by basic, target-progam
    and contract principles. Allocations to science grew by 25.1% as
    compared with 2005, which is due to an increase in salaries, social
    insurance payments, in the number of post-graduate students and their
    scholarships, as well as by a growth of capital expenditures.
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