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RA State Budget Will Allocate Over 242,4 Billion Drams To Social Sec

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  • RA State Budget Will Allocate Over 242,4 Billion Drams To Social Sec

    RA STATE BUDGET WILL ALLOCATE OVER 242,4 BILLION DRAMS TO SOCIAL SECURITY SPHERE

    PanARMENIAN.Net
    04.11.2009 18:54 GMT+04:00

    /PanARMENIAN.Net/ "Because of financial crisis, 2010 social
    expenditures will be decreased by AMD 2 billion. Budget means are
    restricted, yet we kept our promise and social expenditures won't
    be much reduced," RA Minister of Labor and Social Issues Gevorg
    Petrosyan said at parliamentary commission's discussions on 2010
    state budget project.

    According to Petrosyan, insignificant alterations of social
    expenditures' budget is explained by objective reasons. RA State Budget
    will allocate over 242,4 billion drams to social security sphere.

    AMD 700 million were allocated to population employment sphere,
    AMD 119,2 million provided for disabled peoples' needs and AMD 11,8
    million for the accommodation of orphans.

    From: Emil Lazarian | Ararat NewsPress
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