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2005 NKR STATE BUDGET REALISTIC AND GROUNDED
STEPANAKERT, December 20 (Noyan Tapan). The preliminary discussions
of NKR state budget in NKR NA standing commissions finished. Major
Danielian, Chairman of the NKR NA standing commission on management
of financial-budget and economic issues, said in his interview to
Noyan Tapan that the draft budget is perfect in terms of structure and
unprecedented in terms of volume (22b drams, about m). He especially
emphasized the fact that the new budget envisages allocation of
unprecedented sums for solution of territorial development issues. In
particular, 350m drams will be allocated for finishing the program of
gasification. M. Danielian said that capital investments in the amount
of 500-600m drams were made in Stepanakert in the previous years while
a state order of capital construction in the amount of 1b, 57m drams
is envisaged in 2005. According to the MP, it's the first time that a
complete package of capital investments is represented. The package is
divided according to the regions, spheres, constructions and entities
of republican importance. The budget envisages to allocate 800m drams
for the program of assistance to small and medium business.
According to M. Danielian, the dynamics of budget execution, as well as
the economic growth of the country during the previous 2 years permit
to register that the 2005 NKR state budget is realistic and grounded.
From: Emil Lazarian | Ararat NewsPress
STEPANAKERT, December 20 (Noyan Tapan). The preliminary discussions
of NKR state budget in NKR NA standing commissions finished. Major
Danielian, Chairman of the NKR NA standing commission on management
of financial-budget and economic issues, said in his interview to
Noyan Tapan that the draft budget is perfect in terms of structure and
unprecedented in terms of volume (22b drams, about m). He especially
emphasized the fact that the new budget envisages allocation of
unprecedented sums for solution of territorial development issues. In
particular, 350m drams will be allocated for finishing the program of
gasification. M. Danielian said that capital investments in the amount
of 500-600m drams were made in Stepanakert in the previous years while
a state order of capital construction in the amount of 1b, 57m drams
is envisaged in 2005. According to the MP, it's the first time that a
complete package of capital investments is represented. The package is
divided according to the regions, spheres, constructions and entities
of republican importance. The budget envisages to allocate 800m drams
for the program of assistance to small and medium business.
According to M. Danielian, the dynamics of budget execution, as well as
the economic growth of the country during the previous 2 years permit
to register that the 2005 NKR state budget is realistic and grounded.
From: Emil Lazarian | Ararat NewsPress