Armenia Is Indebted To International Organizations 9.9 Mln Dollars A

ARMENIA IS INDEBTED TO INTERNATIONAL ORGANIZATIONS 9.9 MLN DOLLARS AS MEMBERSHIP FEE

Noyan Tapan
Jun 07 2006

YEREVAN, JUNE 7, NOYAN TAPAN. Expenses of the sphere of foreign
political activity by the 2005 state budget made about 9.5 bln drams
(22 mln U.S. dollars) or 97.7% of the program expenses. Among them,
about 6.9 bln drams or 97% of about 7.1 bln drams allocated to the
Foreign Ministry was factually spent.

It was said at the June 6 joint sitting of the NA Standing Committees
which was dedicated to discussion of the report on implementing the
law on 2005 state budget.

According to Atom Janjughazian, the RA Deputy Minister of Finance and
Economy, all the envisaged programs were completely implemented in
practice, excluding buying a building for the RF Consulate General in
Gyumri for what 187.8 mln drams were envisaged. According to Deputy
Foreign Minister Gegham Gharibjanian, negotiations are led between
the RA and RF Foreign Ministries for the building of the RA Ambassy in
Moscow is given to Armenia as property in return for buying a building
for the RF Consulate General in Gyumri by financial resources of the
Armenian side. The money envisaged and not spent in 2005 was passed
to the 2006 budget.

Additional 940 mln drams were allocated in 2005 to the Foreign Ministry
from the Government’s reserves fund, besides the financing envisaged
by the state budget. Additional 18 mln drams as well were allocated
for implementation of the foreign political activity. Fees for the RA
membership to international organizations made 910 mln drams. Besides,
1.693 bln drams were paid to international financial organizations
by the RA membership line.

According to G.Gharibjanian, the Foreign Ministry’s debt on the
RA membership fees to international organizations made 9.9 mln
U.S. dollars at present, and the Ministry intends to pay off previously
gathered debt in a year.