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  • Education Budget 25% Down

    EDUCATION BUDGET 25% DOWN

    news.am
    Nov 10 2009
    Armenia

    A 12.8% reduction in the education and science budget is planned for
    next year as compared with this year - 95bn AMD against 108bn AMD
    respectively, RA Minister of Education and Science Armen Ashotyan
    told reporters.

    It should be noted that the comparison deals with the actually executed
    2009 budget, otherwise a 24.7% reduction would be in question -
    the most substantial reduction in financing.

    The Minister reported the reason for the reduced financing of the
    education system -- 19,600 less students next year than this year.

    The Minister stated that the reduction in financing will not affect
    teachers' salaries. Primary schools will be provided with free
    textbooks. A total of 120m AMD will be allocated for free textbooks
    for children from socially vulnerable families. The financing of
    Armenian science will not actually be reduced.

    The 2010 defense budget will be reduced by 20%, and the public health
    budget by 17%.

    From: Emil Lazarian | Ararat NewsPress
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