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Armenian Financial Experts Discuss Redistribution Of On-Budget Expen

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  • Armenian Financial Experts Discuss Redistribution Of On-Budget Expen

    ARMENIAN FINANCIAL EXPERTS DISCUSS REDISTRIBUTION OF ON-BUDGET EXPENDITURES

    ARKA
    March 17, 2009

    YEREVAN, March 17. /ARKA/. A conference held at the RA Ministry of
    Finance discussed issues of quarterly redistribution of on-budget
    expenditures.

    The chief financial experts of the Armenian executive, legislative
    and judicial powers participated in the conference.

    The press service of the RA Ministry of Finance reports that the
    conference was chaired by RA Deputy Minister of Finance Pavel
    Safaryan. He informed the attendees that, in pursuance of the
    instructions issued at the RA Government's sitting on March 12,
    quarterly redistribution of some of the on-budget expenditures is
    necessary, with some of the expenditures to be suspended.

    "The conference participants received explanations for the problems
    raised and discussed issues of liabilities to be assumed at the expense
    of the budgetary funds under the circumstances," the report says.

    Before March 18, all the government agencies are to submit to
    the RA Ministry of Finance well-grounded proposals for quarterly
    redistribution of some of the on-budget expenditures and for the
    suspension of some of them.
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