Social Sector To Remain Unaffected By Possible Budget Adjustements

SOCIAL SECTOR TO REMAIN UNAFFECTED BY POSSIBLE BUDGET ADJUSTEMENTS

ARKA
Dec 16, 2008

YEREVAN, December 16. /ARKA/. Possible adjustments of Armenia’s 2009
state budget will not influence the social sector, RA Premier Tigran
Sargsyan said during a hot-line arranged by the Golos Armenii (Voice
of Armenia) newspaper.

"The Government is working at the possible scenarios of the 2009
budget execution. The budget we submitted to Parliament for approval
is rather flexible and allows of maneuvering. In case of need serious
adjustments are possible, which will not affect the social sector.

Everything will be done publicly – the public must know about and
supervise the government expenditures," the RA Premier said.

On November 27, the RA Parliament approved Armenia’s 2009 state budget.

The budgeted revenues are 905.4bln AMD, expenditures 945.4bln AMD,
deficit 40bln AMD. The budgeted revenues from taxes and state dues
are 727.5bln AMD.

The budgeted GDP is 4,169bln AMD, real GDP growth 9.2%, deflator 4%
and inflation rate 4Â±1.5%. The budgeted exchange rate is 303.69
AMD/$1.

–Boundary_(ID_7TmFTxOdVyouE4MTt4h z7A)–

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS