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Sciences Get Budgetary Short Shrift In Armenia

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  • Sciences Get Budgetary Short Shrift In Armenia

    SCIENCES GET BUDGETARY SHORT SHRIFT IN ARMENIA
    Daniel Ioannisyan

    hetq
    13:52, November 20, 2012

    There is some 11.545 billion AMD (22 million Euros) allocated to the
    sciences in Armenia's 2013 draft budget.

    Armenia's estimated GDP for next year is some 4.537 trillion AMD,
    a slight rise over this year's 4.136 trillion AMD. This year, 10.171
    billion went to the sciences.

    In terms of percentages, in 2012 sciences received .246% of GDP and
    next year it will rise to .254%.

    It's usually accepted as a given that a country's sciences sector is
    in decent shape if it receives at least 1% of GDP.

    If we do the math, it will take Armenia 94 years, or the year 2106,
    to reach the 1% mark at the current rate of increase.

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