AZG Armenian Daily #065, 13/04/2005

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SOURCES ALLOCATED FOR SCHOOLS FROM RA SATE BUDGET

Already in 2003, by the decree of RA finance and economy minister, the
non-profit organizations should have submitted the indices of their annual
financial development, i.e. all real and probable expenses, for
ratification.

Kamo Areyan, deputy Yerevan mayor, said during the April 11 press conference
that since this year this principle will be applied for the compulsory
schools of Yerevan city. At present, the profits and the expenses of
educational programs of 2005 are being calculated. The sources ($8,6
million) allocated from RA state budget are being delivered.

Compared with other years, the headmasters of the schools are directly
engaged in the process of allocating sources. They submit their indicators
and get financed according to the expenses made per student. But there are
30-40 schools in the capital that have large buildings and few students.
When calculating their finances, they try to take into account also the
expenses for the preservation of the school buildings.

By Karine Danielian