Announcement

Collapse
No announcement yet.

2010 Draft State Budget Envisages Expenditures Of 95.5 Billion Drams

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

  • 2010 Draft State Budget Envisages Expenditures Of 95.5 Billion Drams

    2010 DRAFT STATE BUDGET ENVISAGES EXPENDITURES OF 95.5 BILLION DRAMS ON SPHERE OF EDUCATION

    Noyan Tapan
    Nov 3, 2009

    YEREVAN, NOVEMBER 3, NOYAN TAPAN. By the 2010 draft state budget of
    Armenia, expenditures on the sphere of education, including expenses
    on maintenance of the sphere's state machinery, will make 95.5 billion
    drams - as compared to the actual expenditures of 108 billion drams in
    2009. The current principle was used for programming the expenditures:
    education expenses must make up 3% of GDP. Of the envisaged sum,
    90 billion drams are current expenditures, 472 million drams are
    expenses on the maintenance of the state machinery of the sphere, and
    about 4 billion drams are capital expenditures. 2 billion out of 95
    billion drams are allocations for the continuous credit programs. First
    Deputy Minister of Finance Pavel Safarian stated this at the November
    2 joint sitting of the National Assembly Standing Committees.

    Accoridng to him, 1.6 billion drams allocated for reforms in secondary
    education make up an important component of capital expenditures. 439
    million drams is envisaged for repairs of educational facilities.

    By the 2010 draft state budget, 65.6 billion drams will be spent
    on comprehensive education considered a priority in the sphere of
    education. These expenditures have been reduced by one billion drams
    or 1.5% compared to 2009. Allocations for salaries in comprehensive
    education sector amount to 50.13 billion drams, which will enable to
    increase the average monthly salary (including additional payments)
    of teachers to 116.6 thousand drams. The 2010 expenditures were
    calculated based on 380,188 pupils - against 399,673 in 2009. Like
    in 2009, the teacher/pupil ratio makes 14.56.

    7.52 billion drams is envisaged for higher education, which represents
    a decline of 48.1 million drams or 0.6% on 2009. The decline in
    expenditures is due to a drop in the number of pupils.

    9 billion drams envisaged for auxiliary services to the educational
    sphere will be spent on free textbooks for the pupils of elementary
    classes and on payments for textbooks for the children from vulnerable
    social groups. 698 million drams of the indicated sum will be allocated
    for computers and Internet services, thanks to which 944 out of
    approximately 1,400 Armenian schools will have Internet connection.

    P. Safarian said the government intends to provide all schools with
    Internet connection in 2011.

    The draft budget envisages providing 70 million drams and 30 million
    drams, respectively, for educational literature and accessory
    materials of Diaspora Armenian institutions and for property of
    Javakheti schools.

    The draft state budget was calculated based on the settlement exchange
    rate of 376 drams per dollar.
Working...
X