MINISTER: ARMENIA'S WHEAT CROP TOTAL 310,000 TONS THIS YEAR - 26% LARGER THAN IN 2012

YEREVAN, October 30. /ARKA/. Wheat crop in Armenia totaled 310,000
tons this year - it was 26% larger that that of 2012, Agriculture
Minister Sergo Karapetyan said Wednesday at budget hearings in the
National Assembly.

He said that the government's seed farming development program launched
in Armenia in 2010 has contributed a great deal to this growth.

"Thanks to this program, 31,000 hectares of abandoned land are now
used under crops," Karapetyan said.

In his words, in the 2014 budget, the government earmarks about AMD
550 million for purchase of 3,300 tons of super elite wheat seeds
from Russia.

In Armenia's 2014 draft government budget, AMD 15 billion 660 million
is earmarked for agriculture, and this is 23.1% more than the amount
allocated to agriculture in the 2013 budget.

In the 2014 draft consolidated government budget, revenue is projected
at AMD 1 trillion 134 billion, spending at 1 trillion 244 billion
and deficit at AMD 110 billion.

GDP growth is projected at 5.2% and a 12-month inflation rate at 4%
(1.5%). ($1 - AMD 405.3). ----0---

- See more at:
http://arka.am/en/news/economy/minister_armenia_s_wheat_crop_total_310_000_tons_t his_year_26_larger_than_in_2012/#sthash.dlnh0PPW.dpuf


From: Baghdasarian