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State Budget Will Allocate 36 Billion Drams For 2010 For The Needs O

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  • State Budget Will Allocate 36 Billion Drams For 2010 For The Needs O

    STATE BUDGET WILL ALLOCATE 36 BILLION DRAMS FOR 2010 FOR THE NEEDS OF YEREVAN - DEPUTY MAYOR

    ARKA
    Nov 3, 2009

    YEREVAN, November 3. "State budget of Armenia plans to allocate 36
    billion drams in 2010 for the needs of Yerevan", said Kamo Areyan,
    Deputy Mayor of Yerevan Municipality.

    "Budget allocations for the needs of Yerevan are on the level of
    the last year", said Deputy Mayor on Monday during the discussion
    of draft state budget 2010 in standing committees of Parliament on
    State-legal and Finance-credit issues.

    He said that Yerevan Municipality plans to allocate 547 million
    drams in 2010. Subventions for Yerevan Metropolitan and ground
    electro-transport will be 276 million drams, expenses for education -
    15,4 million drams. In 2010 Yerevan Municipality plans to allocate
    6, 4 billion drams for the city programs, particularly expenses of
    theatres, the Zoo and organization of out-of-school programs.

    According to the draft state budget of Armenia for 2010, the income
    is planned 676.6 billion drams which will be collected by the results
    of 2009. In 2010 expenses of state budget of Armenia will be 859.6
    billion drams from which 85.7% are current expenses. Tax entries of
    the state budget of Armenia for 2010 are planned in the amount of
    533 billion drams which exceeds the indicator of 2009 by 510 billion
    drams. Dollar rate in dram equivalent is planned to be 376 drams for
    one US dollar.
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