ARMENIA’S GOVERNMENT APPROVES RE-ALLOCATION OF SOCIAL SPENDING IN DRAFT BUDGET

/PanARMENIAN.Net/
14.05.2009 15:24 GMT+04:00

/PanARMENIAN.Net/ Negotiations with the Word Bank on the topic of
additional resources have reached their ultimate phase, particularly,
related to the projects with state co-financing. This requires
reallocation of the budget resources, told a meeting of the government
Armenia’s minister of finance Tigran Davtyan on Thursday.

According to Mr.Davtyan, changes in the draft budget assume restoration
of two projects in the sphere of agriculture: "Consulting services"
and "Forest monitoring", which require 100 million AMD and 12 million
AMD respectively, as well as to restore temporally seized laboratories
in high schools, which require 150 million AMD.

The second project envisages reallocation of 1.4 billion AMD from
the sphere of out-of hospital services to in-hospital services.