Comprehensive Program Of Water Resource Analysts To Be Elaborated In

COMPREHENSIVE PROGRAM OF WATER RESOURCE ANALYSIS TO BE ELABORATED IN ARMENIA

Arka News Agency, Armenia
June 7 2007

YEREVAN, June 6. /ARKA/. A comprehensive program of water resource
analysis is shortly to be elaborated in Armenia. The program, which
is to be submitted to the Government will contain an analysis of
location of rivers and catchment basins in Armenia.

RA Deputy Minister of Territorial Administration Vache Terteryan
reported that the program of monitoring and situational analysis will
clarify the Government’s further activities in the water resources
sphere.

"The program will determine the necessity and degree of interference
in eliminating the consequences of vernal floods," Terteryan said.

Commenting on the Government-approved decision on the payment of
compensations to the households and farms that sustained losses as a
result of vernal floods, Terteryan pointed out that a differentiated
approach to the damage estimation will be displayed.

"The final damage – the damage caused to residential buildings,
cultivated lands and infrastructure of communities – has not yet
been determined," he said. Terteryan pointed out that the Armenian
Government has already allocated funds for road restoration.

At its meeting, the RA Government decided to allocate AMD 75.2mln
for the repair of the housing stock damaged by spring floods. The
funds will be directed to the Aragatsotn region (AMD 200,000), Ararat
region (AMD 1.4mln), Gegharkunik region (AMD 49.1mln), Kotayk region
(AMD 17mln), Tavush region (AMD 7mln).

On May 31, 2007, the RA Government allocated AMD 1.094bln for the
restoration of international and republican roads damaged by floods.

A total of AMD 1,030bln are to be allocated for construction in the
first half of 2007.

The rest AMD 64.1mln are to be allocated during the latter half of
2007. ($1 – AMD 345.97).