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NKR: Medium-Term Expenditure Programme Adopted

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  • NKR: Medium-Term Expenditure Programme Adopted

    MEDIUM-TERM EXPENDITURE PROGRAMME ADOPTED

    Azat Artsakh Nagorno Karabakh Republic [NKR]
    15 Sept 05


    In accordance with the law on the NKR Budget System the government
    adopted the medium-term expenditure programme for 2006-2008 by the
    August 29 decision No. 374. The programme was extended to the National
    Assembly. The macroeconomic side of the programme foresees an 11.2 per
    cent increase of the GDP in 2006-2007 and an 11.5 per cent increase of
    the GDP in 2008. By the medium-term programme the state budget
    receipts in correlation with the GDP are estimated to total 16.3 per
    cent in 2006, 17.2 per cent and 17.8 per cent in 2007 and 2008
    respectively. Return on tax in correlation with the GDP is estimated
    13.4 per cent in 2006, 14.5 per cent in 2007 and 15.2 per cent in
    2008. In 2006-2008 the return on tax is estimated to mount to 9.3
    billion, 11.2 billion and 13.3 billion drams respectively. For the
    upcoming three years annual increase of salaries and the retirement
    benefit is foreseen by the medium-term expenditure programme. In
    2006-2008 the average salary of teachers will increase from 50.5
    thousand drams to 58.8 thousand, 64.2 thousand and 70.1 thousand drams
    respectively. The salary of administrative workers will increase
    too. The average salary of doctors will be 48.7 thousand, 54 thousand
    and 60 thousand drams respectively and the salary of other health
    workers will be 31.8 thousand, 35 thousand and 38.8 thousand drams
    instead of the present 25.8 thousand drams. The basic pension will
    increase up to 4250 drams in 2006, 4500 drams in 2007 and 5000 drams
    in 2008. The value of one year of service will be 180 drams in 2006,
    210 in 2007 and 250 in 2008. In the years 2006, 2007 and 2008 the
    average retirement benefit will increase from 10.9 thousand to 12.4
    thousand, 13.7 thousand and 15.5 thousand drams respectively. The
    programme also provides for an increase of the allowances of certain
    categories of children. It is planned to increase the basic salary of
    civil servants as well. In 2006-2008 their salary will increase from
    20 thousand to 30 thousand, 35.5 thousand and 42 thousand drams
    respectively. In the upcoming years the government will focus on the
    social problems of refugees and the programme of raising birthrate. In
    2006-2008 considerable sums will be directed at the construction and
    improvemenst of irrigation systems in the country.

    AA.
    15-09-2005
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