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ARMENIA'S BUDGET EXPENSES TO TOTAL $1BLN IN 2006
ARKA News Agency, Armenia
Oct 4 2005
YEREVAN, October 4. /ARKA/. The budget expenses are to total $1bln
in Armenia in 2006, Speaker of the RA Parliament Artur Baghdasaryan
told reporters. According to him, the current economic growth in
Armenia allows additional funds to be directed to the social sector.
Specifically, legislative amendments will allow the Government to
pay AMD 35,000 birth grants and AMD 70,000 allowances to low-income
families. "We will continue this selective policy and increase yearly
allocations," he said. In 2006, Armenia's budget revenues are to
total AMD 380bln, and budget expenses AMD 450bln. 7.5% GDP growth,
and 3% inflation are expected next year. ($1 - AMD 443.07) P.T. -0-
ARKA News Agency, Armenia
Oct 4 2005
YEREVAN, October 4. /ARKA/. The budget expenses are to total $1bln
in Armenia in 2006, Speaker of the RA Parliament Artur Baghdasaryan
told reporters. According to him, the current economic growth in
Armenia allows additional funds to be directed to the social sector.
Specifically, legislative amendments will allow the Government to
pay AMD 35,000 birth grants and AMD 70,000 allowances to low-income
families. "We will continue this selective policy and increase yearly
allocations," he said. In 2006, Armenia's budget revenues are to
total AMD 380bln, and budget expenses AMD 450bln. 7.5% GDP growth,
and 3% inflation are expected next year. ($1 - AMD 443.07) P.T. -0-