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National Assembly Begins The Debate Of 2012 State Draft Budget

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  • National Assembly Begins The Debate Of 2012 State Draft Budget

    NATIONAL ASSEMBLY BEGINS THE DEBATE OF 2012 STATE DRAFT BUDGET

    National Assembly
    www.parliament.am
    Nov 16 2011
    Armenia

    On November 15 the RA National Assembly continued the work of the
    four-day sittings and by voting passed the bills debated on the
    previous day, after which the exchange of thoughts on the bill "On
    Amending the RA Law On Use of Control Cash Machines"

    Before turning to debate by the NA Vice Speaker Samvel Balasanyan the
    deputies welcomed the teachers and pupils of Gyumri N 18 School, who
    were hosted in the parliament within the NA "Open Lesson" programme.

    Vardan Ayvazyan, Chairman of the NA Standing Committee on Economic
    Affairs, presented the endorsement on the bill.

    Then the parliament began the debate of the draft "RA 2012 State
    Budget."

    RA Prime Minister Tigran Sargsyan in his speech has touched upon the
    prior directions fixed in the basic document of the coming year, and
    the state draft budget is aimed at solving it. And in that aspect he
    drew the deputies' attention to the programme speech of RA President
    Serzh Sargsyan, which he had sounded in the Congress of the Armenian
    Union of Manufacturer and Businessmen.

    It also designed that for ensuring economic sustainability Armenia's
    cooperation with the European Union and the programmes indicated in
    that sphere will be of essential importance.

    RA Minister of Fiuance Vache Gabrielyan submitted for the deputies'
    debate the incomes and expenditures according to spheres designed by
    2012 State Draft Budget.

    RA Central Bank Chairman Artur Javadyan gave a speech on 2012 State
    Draft Budget.

    The debate of the budget document will continue at NA November
    16 sitting.

    In accordance with Rules of Procedure, the parliament extraordinarily
    debated the package of the bills "On Amending the RA Law On Minimum
    Monthly Salary and "On Amending the RA Law On Income Tax," submitted
    by the ARF faction.

    Armen Martirosyan presented the position of the Heritage faction on
    the package of the bills.

    In the final speech RA Finance Minister Vache Gabrielyan once again
    noticed that the state draft budget of the upcoming year has social
    orientation, and the allowances and pensions will be raised by 10%.

    The last hour of the last sitting, in accordance of NA Rules of
    Procedure, was allocated the deputies' announcements.

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