Announcement

Collapse
No announcement yet.

Armenia's 2012 Budget Allocates 7% More Funds For Science

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia's 2012 Budget Allocates 7% More Funds For Science

    ARMENIA'S 2012 BUDGET ALLOCATES 7% MORE FUNDS FOR SCIENCE

    Tert.am
    24.10.11

    Armenia's 2012 budget allocates 1.1 billion (approx $2.9 million)
    more drams for science to a total of 10.3 billion, Chairman of the
    State Committee of Armenia's Ministry of Education and Science has aid.

    Speaking to reporters Samvel Harutyunyan said that the amount of the
    added funs make 7% increase compared to the 9.4 billion dram spent
    on science last year.

    According to him, this will bring about a 7% increase in payments in
    the sector, adding that a portion of the funds will be used to boost
    international programs, assuming that each dollar spent will have a
    $3 return.

    Harutyunyan attached importance to the cooperation of private sector
    with science, noting that it has become what he called "more mannerly
    and realizes the profits it can have through cooperation with science".

    Further, he said that in developed countries state investments in the
    sphere of science do not usually exceed 15-20% and the rest is financed
    by private sector which contributes the development of science.

    He also pointed to the fact that Armenia is the first in CIS countries
    with the quantity of highly-qualified scientific works and the number
    of their citations, exceeding Russia by around 10-15%.

    "But I do not consider this a serious achievement: we can do more,
    especially when the Candle and the nuclear medicine programs are
    implemented," said he.

Working...
X