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Armenian Embassies' Maintenance Costs To Increase

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  • Armenian Embassies' Maintenance Costs To Increase

    ARMENIAN EMBASSIES' MAINTENANCE COSTS TO INCREASE

    October 15, 2013 | 02:41

    YEREVAN. - For 2014, the maintenance costs of Armenia's embassies
    and representations are planned at around 7.8 billion drams, which
    exceed the 2013 level by 210.5 million drams, states the 2014 draft
    state budget.

    To note, in line with the current exchange rate, USD 1 is equivalent
    to approximately AMD 408.

    The cost increase is due to additional allocations in connection with
    the embassy and the representation being opened in Sweden and in The
    Vatican, the appointment of Armenia's representative to the Permanent
    Council of La Francophonie, and the reimbursement for the seven-month
    expenses-for 2014-of Armenia's representative at the European Court
    of Human Rights.

    Also, additional amounts are allocated associated with changes, as
    compared to the 2013 calculations, in the 2014 calculations of the
    exchange rates of the currency being used.

    http://news.am/eng/news/175948.html




    From: A. Papazian
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