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Crisis Didn't Affect Armenia's Municipal And Regional Administration

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  • Crisis Didn't Affect Armenia's Municipal And Regional Administration

    CRISIS DIDN'T AFFECT ARMENIA'S MUNICIPAL AND REGIONAL ADMINISTRATION'S INCOME: DEPUTY PRIME MINISTER

    Tert.am
    17:14 ~U 15.01.10

    Despite the global economic crisis, municipalities and regional
    administrative bodies in the Republic were able to secure a growth
    in their budgetary income in 2009, said RA Vice Prime Minister and
    RA Minister of Territorial Administration Armen Gevorgyan, while
    discussing the results of the ministry's 2009 activities during a
    press conference today.

    In the minister's words, the municipalities and regional
    administrative bodies' income has been on the rise since 2007 -
    satisfactory indicators have been registered in the collection of
    land and property, in particular.

    That being said, however, there were still salaries owed to employees
    of municipalities and regional administrative bodies, an issue that
    was raised in early 2009, noted Gevorgyan. As of January 1 of this
    year, the amount of salaries owed by municipalites and regional
    administrations was 836,309,000 AMD (about $2,200,813 USD). The
    Vice Prime Minister believed that the issue in 2010 is paying off 50
    percent of this debt.
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