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Armenian Political Parties To Receive AMD 40,5mln Funding

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  • Armenian Political Parties To Receive AMD 40,5mln Funding

    ARMENIAN POLITICAL PARTIES TO RECEIVE AMD 40,5MLN FUNDING

    PanARMENIAN.Net
    September 27, 2012 - 17:18 AMT

    PanARMENIAN.Net - Armenian government approved a decision September
    27 to allocate AMD 40,5 mln to political parties represented in the
    National Assembly in 2012 fourth quarter.

    As Finance Minister Vache Gabrielyan noted, parties having received 3%
    election threshold get annual state funding.

    2012 draft budget envisaged allocation of AMD 69,5 mln, with AMD 29
    mln already allotted.

    The remaining AMD 40,5 mln. will be distributed as follows: AMD 18,2
    mln. to the ruling Republican Party of Armenia (RPA), AMD 12,5 mln
    to Prosperous Armenia, AMD 2,9 mln to the Armenian National Congress
    (ANC) opposition bloc, AMD 2,4 mln to Heritage, AMD 2,3 mln. to ARF
    Dashnaktsutyun and AMD 2,3 mln to Orinats Yerkir.

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