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Over 52.3 Billion Drams Allocated From State Budget To Social Sector

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  • Over 52.3 Billion Drams Allocated From State Budget To Social Sector

    OVER 52.3 BILLION DRAMS ALLOCATED FROM STATE BUDGET TO SOCIAL SECTOR IN 2006

    Noyan Tapan
    Sep 6, 2007

    YEREVAN, SEPTEMBER 6, NOYAN TAPAN. In 2006, the social sector
    was financed from the RA state budget in the amount of over 52.3
    bln drams. The execution index made 94.3%. The deviation is mainly
    conditioned by savings and by the low execution indices of a credit
    program and a grant program implemented with the assistance of the
    World Bank. Expenditures on the social sector increased by 18.5% or 8.2
    bln drams as compared with 2005. The RA deputy minister of finance and
    economy, chief treasurer Atom Janjughazian stated this at the September
    5 joint sitting of the RA National Assembly standing committees.

    According to him, pension allocations amounted to 16.6 bln drams
    in 2006.

    The execution index made 98.3% as a result of savings.

    Expenditures on state benefits for the population made 25.5 bln
    drams, ensuring 95.5% fulfilment of the program and exceeding by
    15.6% the 2005 index. 24.2% of the indicated sum was allocated for
    poverty family benefits and one-off monetary aid, which made up 99.8%
    of the program. Out of 181,907 families registered in the family
    vulnerability assessment system in 2006, 130,190 families or 71.6%
    of registered ones received the right for family benefits. 9,561
    families or 5.2% of registered ones received urgent assistance. About
    4,200 vulnerable families received one-off monetary aid in connection
    with birth of a baby, and 14,220 families - in connection with their
    children becoming first-formers.

    In 2006, the social allocations on social security measures were spent
    on financing 35 social programs, amounting to 4.8 bln drams or 98.9%
    of the envisaged sum. Expenditures on other social programs made
    over 4.2 bln drams or by 27.6% less than the programmed index. The
    low execution index was conditioned by the low execution index of
    the credit program on management of the social protection sector,
    which was implemented with WB assistance.
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