NKR PARLIAMENT APPROVES 2010 DRAFT BUDGET

News.am
Dec 18 2009
Armenia

The Parliament of the Nagorno-Karabakh Republic (NKR) has finished
discussing the 2010 draft budget. The document has been approved by
the parliamentary commissions and factions.

According to the Homeland faction, the 2010 draft budget is a balanced
one. The head of the faction Artur Tovmasyan said that, despite
the global economic crisis, the NKR Government as able to execute
the 2009 state budget with credit and ensure 13% economic growth in
the country. The Democracy, Armenian Revolutionary Federation (ARF)
and Movement-88 factions approved of the draft budget as well.

The draft budget, as well as the Parliament members’ proposals, has
been submitted to the Government. A revised draft will be submitted
to the NKR Parliament on December 23.

NKR Parliament’s 2010 budget is 198.606m AMD – 9m AMD less than last
year. The NKR’s budgeted revenues are 55,205,842,000 AMD, expenditures
58,846,207,500 AMD, deficit 3,640,365,500 AMD.

The 2010 budget of the NKR Presidential Staff is 262,826,000 AMD –
6,500,000 AMD less than this year.

The 2010 budget of the NKR Government Staff is 262,052,000 AMD –
15m AMD less than this year.