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Financing Of Education Increases By About 30% In 2007

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  • Financing Of Education Increases By About 30% In 2007

    FINANCING OF EDUCATION INCREASES BY ABOUT 30% IN 2007

    Noyan Tapan
    http://www.nt.am/news.php?shownews=113388
    Ma y 15, 2008

    YEREVAN, MAY 14, NOYAN TAPAN. The state budgetary financing of the
    education and science sector grew by about 32% or 22.9 billion drams
    in 2007, the RA chief treasurer Atom Janjughazian said at the May 14
    joint sitting of the RA National Assemly standing committees. According
    to him, 95.8 bln drams was spent instead of 91.8 bln drams envisaged
    by the state budget for education and science.

    The share of science and education made 2.7% of GDP in 2006 and 3%
    of GDP in 2007. The financing of science remained at the same level
    making 5.9 bln drams, while the financing of education grew. Sums
    given to secondary education (76.8%) made the largest share of the
    allocations to education.

    The minister of education and science Levon Mkrtchian said that in
    2007 the budget of science and education had a programmed basis. In
    his words, the ministry has already developed detailed programs for
    up to 2015 and is cooperating under these programs with the World
    Bank and several other international financial structures.

    Last year some changes were made in the credit programs: in particular,
    15 thousand teachers underwent training instead of the envisaged 8
    thousand ones. The training of head masters finished in 2007. Besides,
    a radical reform of the specialized secondary education system has been
    prepared under the European Neighborhood Policy. Its implementation
    is envisaged in 2008.
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