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Armenia Will Not Let The Administration Of The External Debt To Be C

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  • Armenia Will Not Let The Administration Of The External Debt To Be C

    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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