ARMENIA WILL NOT LET THE ADMINISTRATION OF THE EXTERNAL DEBT TO BE CLASSIFIED RISKY: THE PRIME MINISTER OF THE REPUBLIC OF ARMENIA

ARMENPRESS
30 October, 2012
YEREVAN

YEREVAN, OCTOBER 30, ARMENPRESS. In accordance with the predictions
of the international organizations Armenia will be classified as a
country with a middle load in 2013. As reports "Armenpress" during
the discussions of the project of budget for 2013 in the National
Assembly of the Republic of Armenia the Prime Minister of the Republic
of Armenia Tigran Sargsyan stated that the rating of the external debt
will be of a certain importance. The Prime Minister said: "We will not
let the administration of the external debt to be classified as risky.

The 4, 6 % of the state budget will be used for paying off the
external debt."

The most part of the costs of the state budget counting more than 84
% will belong to the social sphere: more than 40 % to the education,
healthcare and social service, more than 20 % to the defense, social
order, national security more than 14 % to the branches of economy,
4, 6 % to the external debt, 3, 1 % to the dotations for the financial
rotation of the community budgets.

Among other things the Government of the Republic of Armenia will
focus on the continuance of the programs initiated in 2012. Extra
attention will be paid to the improvement of the healthcare service
of the regions and mainly the creation of modern ambulatory centres
in the regions.

Tigran Sartgsyan stated that the second important issue for
the Government is education. 31 reforms and financing of the
infrastructures have already been considered by the Government. For the
improvement of this sector the Government of the Republic of Armenia
will cooperate with the colleagues from EU and the Russian Federation.

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