MOST OF BUDGETARY ALLOCATIONS FOR URBAN DEVELOPMENT IN 2009 TO BE SPENT ON REPAIRS OF EDUCATIONAL FACILITIES

Noyan Tapan
Oct 31, 2008

YEREVAN, OCTOBER 31, NOYAN TAPAN. By the 2009 draft state budget,
30 bln drams will be allocated to the urban development sector,
with most of the allocations (83%) being spent on major repairs
and construction of educational facilities. The minister of urban
development Vardan Vardanian told reporters that the funding of major
repairs and construction of educational facilities will grow by about
50% as compared with 2008, thanks to which 286 educational facilities
will undergo repairs or major repairs in 2009.

The minister said that about 7 thousand families made homeless by the
earthquake will be provided with apartments by 2013. In parallel with
that, the program on apartment purchase certificates will continue,
under which 2.6 bln drams was allocated and nearly 500 families in 4
marzes improved their housing condutions in 2008. Out of the 2009 state
budget-envisaged 4 bln drams for restoration of the earthquake zone,
1.7 bln drams will be allocated for apartment construction, while the
remaining sum – to the program on apartment purchase certificates,
under which 570-600 families will improve their housing conditions
in 2009.

From: Emil Lazarian | Ararat NewsPress