HEAD OF PROFILE COMMITTEE OF THE PARLIAMENT OF ARMENIA IS SATISFIED WITH THE EXPENSES TO BE ALLOCATED FOR THE SOCIAL SECTOR IN 2010

ARKA
Nov 12, 2009

YEREVAN, November 12. /ARKA/. Hakob Hakobyan, Head of standing
committee of the Parliament of Armenia on social issues is satisfied
by the expenses to be allocated for the social sector in 2010.

"During economic crisis our main task was to maintain the expenses
of 2009 also in 2010", said Hakobyan to the journalists on Thursday.

In 2010, 31 billion drams versus 32.3 billion drams in 2009 for the
payment of benefits to vulnerable families will be allocated. Next
year social payments to vulnerable population will be maintained
which makes 25-30% of population.

During the hearings of state budget, the Committee on Social Issues
is going to propose compensation of "frozen" deposits in Savings
Bank of the USSR in 1 billion drams, as due to limitations no budget
allocations are envisaged for 2010.

In 2010 income of state budget of Armenia will make 676.6 billion
drams, expenses – 859.6 billion drams with the deficit of 183 billion
drams. In 2010 allocations from state budget for social sector will
be more than 242.4 billion drams. Discussions of draft state budget
in Parliament committees lasted from October 30 to November 6.

Review of the draft budget will take place on November 16 in National
Assembly of Armenia.