4.66 BILLION DRAMS TO BE ALLOCATED TO AGRICULTURE UNDER 2010 DRAFT STATE BUDGET OF ARMENIA
Noyan Tapan
Nov 3, 2009
YEREVAN, NOVEMBER 3, NOYAN TAPAN. Under the 2010 draft state budget of
Armenia, it is envisaged allocating 4.66 billion drams (excluding the
financing received under the target credit programs and the expenses
to maintain the sector’s state machinery) to the agricultural sector –
against 6.96 billion drams actually allocated in 2009, First Deputy
Minister of Finance Pavel Safarian said during the joint sitting of
the NA Standing Committees on November 3.
The indicated sum will be provided to the following expenditure
programs: plant protection – 150m drams, laboratory diagnosis of
livestock diseases and expert examination of materials and raw
materials of animal origin – 185m drams, rural advisory services
– 183.2m drams, state assistance to agricultural land users –
1.1bn drams, maintenance and improvement of agricultural lands and
rehabilitation of engineering structures – 547.1m drams, and grants
to farmers – 345m drams.
Besides, in 2010 it is planned to implement the target credit
projects on the fight against avian influenza, the development of
rural enterprises and small-scale commercial agriculture, and "Market
Opportunity to Farmers" Project with the assistance of the World Bank,
the OPEC’s Fund and the International Fund for Agricultural Development
(IFAD).
A number of projects with grants provided by WB, IFAD, and Denmark
will also be carried out in the indicated fields.
The 2010 allocations for forestry will be spent mainly on forest
preservation (735m drams) and state monitoring of forests (54m drams).
The 2010 draft state budget was calculated based on the settlement
exchange rate of 376 drams per dollar.