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4.66 Billion Drams To Be Allocated To Agriculture Under 2010 Draft S

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  • 4.66 Billion Drams To Be Allocated To Agriculture Under 2010 Draft S

    4.66 BILLION DRAMS TO BE ALLOCATED TO AGRICULTURE UNDER 2010 DRAFT STATE BUDGET OF ARMENIA

    Noyan Tapan
    Nov 3, 2009

    YEREVAN, NOVEMBER 3, NOYAN TAPAN. Under the 2010 draft state budget of
    Armenia, it is envisaged allocating 4.66 billion drams (excluding the
    financing received under the target credit programs and the expenses
    to maintain the sector's state machinery) to the agricultural sector -
    against 6.96 billion drams actually allocated in 2009, First Deputy
    Minister of Finance Pavel Safarian said during the joint sitting of
    the NA Standing Committees on November 3.

    The indicated sum will be provided to the following expenditure
    programs: plant protection - 150m drams, laboratory diagnosis of
    livestock diseases and expert examination of materials and raw
    materials of animal origin - 185m drams, rural advisory services
    - 183.2m drams, state assistance to agricultural land users -
    1.1bn drams, maintenance and improvement of agricultural lands and
    rehabilitation of engineering structures - 547.1m drams, and grants
    to farmers - 345m drams.

    Besides, in 2010 it is planned to implement the target credit
    projects on the fight against avian influenza, the development of
    rural enterprises and small-scale commercial agriculture, and "Market
    Opportunity to Farmers" Project with the assistance of the World Bank,
    the OPEC's Fund and the International Fund for Agricultural Development
    (IFAD).

    A number of projects with grants provided by WB, IFAD, and Denmark
    will also be carried out in the indicated fields.

    The 2010 allocations for forestry will be spent mainly on forest
    preservation (735m drams) and state monitoring of forests (54m drams).

    The 2010 draft state budget was calculated based on the settlement
    exchange rate of 376 drams per dollar.
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