Announcement

Collapse
No announcement yet.

Kocharian: Surprising That Officials Don't Speak of Economic Growth

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Kocharian: Surprising That Officials Don't Speak of Economic Growth

    "IT IS SURPRISING THAT THE COUNTRY'S OFFICIALS DO NOT SPEAK ABOUT THE
    ECONOMIC GROWTH CONSEQUENCES," RA PRESIDENT NOTES

    YEREVAN, APRIL 12, NOYAN TAPAN. At the April 11 meeting at Yerevan
    State University, the RA President Robert Kocharian said: "Armenia's
    2005 budgetary expenditures exceed the 2004 expenditures by over 77
    bln, 53 bln of which is the net tax revenues expected. This means
    allocating an extra amount of 19 bln to the Ministry of Education and
    Science, another 7 bln for health care and 2 bln for sports and
    culture." According to R. Kocharian, in 2005, 50 thousand teachers
    receive 50,000 drams (about 101 USD) instead of the previous salary of
    30,000. The average salary of the army officers has also risen from
    70,000 to 120,000 drams. "And all this has happened in a year. It is
    surprising that the country's officials do not speak about this, have
    a "complex" about stating the consequences of the country's economic
    growth," he noted. R. Kocharian said 20 bln drams is used today for
    road construction, with considerable part of this funds allocated to
    build roads in Syunik and other marzes. 8 bln drams is envisaged for
    the irrigation system of Armavir and Vayots Dzor marzes. "It is
    necessary to present all this courageously to the public in the form
    of figures and fact, and also to tell where the economic growth is
    directed," the President noted.
Working...
X