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Armenia: Education And Science Budgets Reach 95 Billion AMD In 2010

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  • Armenia: Education And Science Budgets Reach 95 Billion AMD In 2010

    ARMENIA: EDUCATION AND SCIENCE BUDGETS REACH 95 BILLION AMD IN 2010

    PanARMENIAN.Net
    10.11.2009 16:41 GMT+04:00

    /PanARMENIAN.Net/ "Next year the education budget will reach 95
    billion AMD, 13 billion AMD less than in the current year. However,
    this will not prevent us from continuing all development programs. We
    will also need extra budgetary money to use effectively in all spheres
    of education," RA Minister of Education and Science Armen Ashotyan
    told a press conference on November 10.

    Saying that the World Bank and the EU will give Armenia 4 billion AMD
    for educational programs, the minister stressed that next year's 12
    per cent cut of budgetary spending for education sphere is conditioned
    not only by the global crisis, but rather demographic problems. The
    number of secondary school students is expected to reduce by 20
    thousand next year, which will result in 1 billion AMD cut of the
    state expenditure for education sphere. The rest 12 billion AMD cut
    will be made at the expense of education support services, such as
    renovation of the school buildings," the minister said.

    The minister also informed, that next year 48 schools will receive
    the status of high schools.
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