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Head Of Profile Committee Of The Parliament Of Armenia Is Satisfied

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  • Head Of Profile Committee Of The Parliament Of Armenia Is Satisfied

    HEAD OF PROFILE COMMITTEE OF THE PARLIAMENT OF ARMENIA IS SATISFIED WITH THE EXPENSES TO BE ALLOCATED FOR THE SOCIAL SECTOR IN 2010

    ARKA
    Nov 12, 2009

    YEREVAN, November 12. /ARKA/. Hakob Hakobyan, Head of standing
    committee of the Parliament of Armenia on social issues is satisfied
    by the expenses to be allocated for the social sector in 2010.

    "During economic crisis our main task was to maintain the expenses
    of 2009 also in 2010", said Hakobyan to the journalists on Thursday.

    In 2010, 31 billion drams versus 32.3 billion drams in 2009 for the
    payment of benefits to vulnerable families will be allocated. Next
    year social payments to vulnerable population will be maintained
    which makes 25-30% of population.

    During the hearings of state budget, the Committee on Social Issues
    is going to propose compensation of "frozen" deposits in Savings
    Bank of the USSR in 1 billion drams, as due to limitations no budget
    allocations are envisaged for 2010.

    In 2010 income of state budget of Armenia will make 676.6 billion
    drams, expenses - 859.6 billion drams with the deficit of 183 billion
    drams. In 2010 allocations from state budget for social sector will
    be more than 242.4 billion drams. Discussions of draft state budget
    in Parliament committees lasted from October 30 to November 6.

    Review of the draft budget will take place on November 16 in National
    Assembly of Armenia.
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