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Armenia's Government Approves Re-Allocation Of Social Spending In Dr

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  • Armenia's Government Approves Re-Allocation Of Social Spending In Dr

    ARMENIA'S GOVERNMENT APPROVES RE-ALLOCATION OF SOCIAL SPENDING IN DRAFT BUDGET

    /PanARMENIAN.Net/
    14.05.2009 15:24 GMT+04:00

    /PanARMENIAN.Net/ Negotiations with the Word Bank on the topic of
    additional resources have reached their ultimate phase, particularly,
    related to the projects with state co-financing. This requires
    reallocation of the budget resources, told a meeting of the government
    Armenia's minister of finance Tigran Davtyan on Thursday.

    According to Mr.Davtyan, changes in the draft budget assume restoration
    of two projects in the sphere of agriculture: "Consulting services"
    and "Forest monitoring", which require 100 million AMD and 12 million
    AMD respectively, as well as to restore temporally seized laboratories
    in high schools, which require 150 million AMD.

    The second project envisages reallocation of 1.4 billion AMD from
    the sphere of out-of hospital services to in-hospital services.
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