109M DRAMS ALLOCATED FOR PARTICIPATION OF ARMENIAN DELEGATION IN 2008 OLYMPIC GAMES

Author: Tonoyan Susanna Editor: Eghian Robert
Noyan Tapan News Agency, Armenia
Sept 25 2007

YEREVAN, SEPTEMBER 20, NOYAN TAPAN. In correspondence to the RA Law On
RA Budget System, the RA Government made a decision at the September
20 sitting to allocate 12m drams (nearly 35 thousand U.S. dollars)
to RA Ministry of Sport and Youth Affairs from the 2007 reserve
fund. The sum is allocated to the Chess Federation of Armenia as
a donation for organizing the World Chess Championship of boys and
girls below the age of 20 which will be held in Yerevan in 2007.

As Armen Grigorian, the RA Minister of Sport and Youth Affairs,
informed the journalists after the sitting, representatives of
40 countries have already presented bids for participation in the
championship to be held in Yerevan on October 2-17. It was mentioned
that Azerbaijan is not among them yet.

A. Grigorian also said that in total 109m drams will be allocated for
participation of Armenian delegation in 2008 Olympic Games. And in 2008
it is envisaged to allocate 850m drams to the RA sport federations.