Announcement

Collapse
No announcement yet.

Armenian parliament adopts 2005 state budget

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian parliament adopts 2005 state budget

    Armenian parliament adopts 2005 state budget

    Arminfo
    25 Dec 04

    YEREVAN

    The Armenian National Assembly yesterday adopted the Armenian state
    budget for 2005 with a vote of 103 in favour and seven against.

    Armenian Deputy Finance and Economy Minister Pavel Safaryan who
    presented the country's main financial document thinks that certain
    changes have been made to the state budget of 2005. The overwhelming
    majority of the 315 proposals and amendments put forward by the
    deputies are reflected in the document.

    Additional expenses to the tune of 22.3bn drams [46.074m dollars] are
    envisaged, including 9.2bn [19m dollars] on the resolution of
    social-cultural issues, 2.7bn [5.57m dollars] on the education sphere
    and 3.6bn [7.43m dollars] on the social sphere. In comparison with the
    original amount of the draft project, the budget expenses have
    increased by 19.2bn [39.6m dollars] and total 394bn drams [814m
    dollars].

    The revenues of the Armenian state budget have also increased and
    totalled 345.7bn [714.25m dollars].

    From: Emil Lazarian | Ararat NewsPress
Working...
X