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Social Tasks Priority For Armenian Government Premier States

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  • Social Tasks Priority For Armenian Government Premier States

    SOCIAL TASKS PRIORITY FOR ARMENIAN GOVERNMENT PREMIER STATES

    ARKA
    Apr 14, 2009

    YEREVAN, April 14. /ARKA/. Social problems are of priority importance
    for the RA Government, stated RA Prime Minister Tigran Sargsyan.

    "We will work to protect the socially vulnerable sections of the
    population," he said at the conference on social impact of the global
    economic crisis on Armenia.

    The RA Premier said that, irrespective of the general financial
    developments and of the developments inside Armenia, the social
    expenditures must remain a priority and be protected.

    "The matter concerns not only 114,000 socially vulnerable families
    receiving benefits, but also the social system as a whole,"
    T. Sargsyan said.

    The RA Premier pointed out that this is the reason for the revision of
    the 2009 budget and quarterly redistribution of on-budget expenditures.

    On March 26, the RA Government decided on redistributing the 2009 state
    budget and suspending the elaboration of a medium-term expenditure
    program for 2010-2012.

    "Considering the risks observed in the 1st quarter of this year,
    we aimed to create a financial environment, which would protect the
    social expenses on the one hand, and prevent debts on the other hand,"
    Sargsyan said.

    In this context, the RA Prime Minister said that the budgetary
    financing of expenses will depend on further developments and tax
    collection.

    "We switched over to day-to-day budg etary management. On-budget
    expenditures are specified on a quarterly basis, and social
    expenditures will be the first to be protected," Sargsyan said.

    On November 27, 2008, the Armenian approved the RA state budget
    for 2009.

    The budgeted revenues are 905bln AMD, expenditures 245bln AMD deficit
    40bln AMD.
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