IJEVAN BORDERS TO EXTEND

Noyan Tapan
May 18 2006

YEREVAN, MAY 18, NOYAN TAPAN. The new administrative borders of Ijevan
to include a 2,600-ha area instead of the current area of 260 ha will
be approved soon by the Armenian government. Mayor of Ijevan Varuzhan
Nersisian stated this at the May 18 press conference. He said that a
new master plan of Ijevan has been developed. In his words, approval
of this document will be conducive to an increase in tax revenues
of Ijevan by creating preconditions for speeding up the process of
alienation of the community lands. It was noted the Ijevan own revenues
programs have been executed since 2000: this year, the own revenues
program amounted to 42 mln drams against 33 mln drams last year.

According to the mayor, only 5 years ago Ijevan's budget (own revenues
and state subsidies) made 17 mln drams, while in 2006, the budget
makes 162 mln drams (about 360 thousand USD). According to the mayor,
Ijevan currently has a population of 21 thousand.