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PM SEEKING MONEY ABROAD FOR BUDGET
http://www.a1plus.am/en/official/2011/09/29/gov-nist
04:30 pm | September 29, 2011
Starting in 2012, pensions and subsidies will go up and civil servants
will receive social security. This is what RA Prime Minister Tigran
Sargsyan announced during today's government session. He informed
that the draft budget had been discussed with Armenia's main donors,
that is, the International Monetary Fund and the World Bank, and
that Armenia expects additional assistance from them. Sargsyan said
Armenia also expects to receive support from the European Union to
reduce the risks of the 2012 budget's executive.
"If Armenia manages to do that, it will receive twice as much funding,"
Prime Minister Sargsyan said and mentioned that additional funding
will give Armenia the chance to increase social expenditures.
"Based on the scenario introduced in the state budget, Armenia will
receive additional funding from the International Monetary Fund,
the World Bank and the European Union, but only under the condition
that it completes the programs," the prime minister said.
Tigran Sargsyan also informed that for the first time, the Republic
of Armenia will change salaries. "Civil servants will be provided
with social security in 2012," the prime minister said.
Tigran Sargsyan also warned government officials that the global
economy would be more at risk in 2012.
"This means that the global economy is not in a good state and the
risks may be seen in 2012. It means that in 2012, the government
should place emphasis on identifying its reserves and resources. All
heads of departments must be guided by this principle," the prime
minister announced.
From: A. Papazian
http://www.a1plus.am/en/official/2011/09/29/gov-nist
04:30 pm | September 29, 2011
Starting in 2012, pensions and subsidies will go up and civil servants
will receive social security. This is what RA Prime Minister Tigran
Sargsyan announced during today's government session. He informed
that the draft budget had been discussed with Armenia's main donors,
that is, the International Monetary Fund and the World Bank, and
that Armenia expects additional assistance from them. Sargsyan said
Armenia also expects to receive support from the European Union to
reduce the risks of the 2012 budget's executive.
"If Armenia manages to do that, it will receive twice as much funding,"
Prime Minister Sargsyan said and mentioned that additional funding
will give Armenia the chance to increase social expenditures.
"Based on the scenario introduced in the state budget, Armenia will
receive additional funding from the International Monetary Fund,
the World Bank and the European Union, but only under the condition
that it completes the programs," the prime minister said.
Tigran Sargsyan also informed that for the first time, the Republic
of Armenia will change salaries. "Civil servants will be provided
with social security in 2012," the prime minister said.
Tigran Sargsyan also warned government officials that the global
economy would be more at risk in 2012.
"This means that the global economy is not in a good state and the
risks may be seen in 2012. It means that in 2012, the government
should place emphasis on identifying its reserves and resources. All
heads of departments must be guided by this principle," the prime
minister announced.
From: A. Papazian