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According To Hakob Hakobian, Living Standard Of Citizens Financed Fr

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  • According To Hakob Hakobian, Living Standard Of Citizens Financed Fr

    ACCORDING TO HAKOB HAKOBIAN, LIVING STANDARD OF CITIZENS FINANCED FROM BUDGET TO DECLINE BY 2-3% IN 2010 ON 2009

    Noyan Tapan
    Nov 26, 2009

    YEREVAN, NOVEMBER 26, NOYAN TAPAN. Under the 2010 draft state budget
    of Armenia, expenditures on social protection amount to about
    240 billion drams. Chairman of the RA National Assembly Standing
    Committee on Social Affairs, member of the Republican Party of Armenia
    Hakob Hakobian said at the Urbat Club on November 26 that capital
    expenditures were reduced by 8 billion drams compared to the 2009
    actual expenditures, while all social indices were left unchanged.

    He said that naturally, under conditions of the crisis the
    government was unable to raise the salaries of employees of budgetary
    institutions, as well as benefits and pensions. He forecast that the
    living standard of citizens financed from the budget will decline by
    2-3% in 2010 on 2009.

    He informed those present that their standing committee has submitted
    a number of proposals on the 2010 draft state budget. In particular, it
    was proposed including in the budget a program envisaging compensation
    for the deposits made with the former USSR Savingsbank before 10 June
    1993, and allocating 1 billion drams to this program.

    The standing committee proposed allocating 2.5 million drams in
    addition to the draft budget-envisaged 16.5 million drams for the
    program of social and rehabilitation services for disabled children
    and youth.

    The next proposal is related to an increase in the sum paid in case
    of the birth of a third (fourth, etc.) child in a family under the
    program of the one-time benefit for a new-born child. In the opinion
    of H. Hakobian, this program can be financed with 689.5 million drams
    envisaged for quite an inefficient program on paid social labor. If
    this proposal is accepted, 5,910 families with three and more children
    will receive 540 thousand drams each instead of the envisaged 430
    thousand drams.

    To recap, the 2010 draft state budget has been calculated based on
    the settlement exchange rate of 376 drams per dollar.
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