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Mid-term programs discussed at premier's office in Karabakh
STEPANAKERT, September 8. /ARKA/. Mid-term programs for 2015-2017 were
discussed at a meeting in the office of the premier of
Nagorno-Karabakh Republic (NKR) Ara Harutiunyan on Saturday, NKR
government press office reported.
The head of the government said the overall budget policy will remain
unchanged, and the government will be guided by mid-term programs in
its budgeting.
The 2015 budget revenues will be less as the annual loan from Armenia
has been cut, said Spartak Tevosyan, the minister of finance and
economy. The next year budget will be still focusing on social issues,
he said.
Tevosyan said budget spending for 10-18% increase in wages and
pensions will go up by over 6 billion drams every year.
The premier proposed to refrain from new programs in 2015 budgeting
and to include the new projects in the next fiscal year planning, as
budget revenues from domestic mining sector are expected to grow
starting from 2016.
The head of the cabinet also urged the members to make every effort to
reduce the deficit and keep the 2015 expenditures limited to about 86
billion drams.
Programs in a number of fields will be revised according to priority,
apart from social programs, Harutiunyan said. ($1 - 409.66 drams).
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http://arka.am/en/news/economy/mid_term_programs_discussed_at_premier_s_office_in _karabakh/#sthash.8exaDayv.dpuf
STEPANAKERT, September 8. /ARKA/. Mid-term programs for 2015-2017 were
discussed at a meeting in the office of the premier of
Nagorno-Karabakh Republic (NKR) Ara Harutiunyan on Saturday, NKR
government press office reported.
The head of the government said the overall budget policy will remain
unchanged, and the government will be guided by mid-term programs in
its budgeting.
The 2015 budget revenues will be less as the annual loan from Armenia
has been cut, said Spartak Tevosyan, the minister of finance and
economy. The next year budget will be still focusing on social issues,
he said.
Tevosyan said budget spending for 10-18% increase in wages and
pensions will go up by over 6 billion drams every year.
The premier proposed to refrain from new programs in 2015 budgeting
and to include the new projects in the next fiscal year planning, as
budget revenues from domestic mining sector are expected to grow
starting from 2016.
The head of the cabinet also urged the members to make every effort to
reduce the deficit and keep the 2015 expenditures limited to about 86
billion drams.
Programs in a number of fields will be revised according to priority,
apart from social programs, Harutiunyan said. ($1 - 409.66 drams).
-0--
http://arka.am/en/news/economy/mid_term_programs_discussed_at_premier_s_office_in _karabakh/#sthash.8exaDayv.dpuf