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  • 128 bank accounts for large families

    Azat Artsakh - Republic of Nagorno Karabakh (NKR)
    April 27, 2004


    128 BANK ACCOUNTS FOR LARGE FAMILIES

    According to the November 26, 2002 decision N 62 of the NKR government
    measures are taken to raise birthrate, improve material supply and
    education of the growing generation and the quality of life of large
    families, the final aim being social security of the Karabakh
    population and relief of the social tension. According to the head of
    the department of benefits of the NKR Ministry of Social Security
    Samvel Dadayan, for several years now in the first trimester of the
    current year in the regional branches of "Artsakhbank" 128 bank
    accounts were opened for the 3rd, 4th, 5th, 6th, 7th, 9th and 11th
    child in their families until the age of 18, the total amount of money
    is 115 thousand 400 US dollars. According to the mentioned decision of
    the government, within the framework of providing financial aid to the
    families having more than 5 children 1329 children of 241 families
    received in total 3 million 409 thousand 700 drams (subsidy for 60
    kW/h electricity per child). The official of the Ministry of Security
    informed that in the first trimester of the current year on the birth
    of the 11th child in the family of Tamara Sarghissian, village
    Vazghenashen, Martouni region, for improving the social and economic
    condition of the family, 2 million 823 thousand 900 AM drams equal to
    5000 US dollars was transferred on the account opened in the Martouni
    branch of "Artsakhbank". According to Samvel Dadayan, the
    implementation of the program has already produced desirable results,
    and in parallel with the policy of encouraging birthrate the outflow
    of the villagers is also slowed down.

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