  Armenia’s 2011 state budget to exceed AMD 1 trillion  December 8, 2010 - 15:08 AMTPanARMENIAN.Net - Armenian parliament launched debates on the bill on 2011 state budget. Presenting the final draft budget, Armenian Minister of Finance Tigran Davtyan said that 616 suggestions were received from deputies and parliamentary groups, out of which 215 suggestions have been approved by the government. “AMD 2.4bln growth is recorded in budgetary expenses and revenues. The defense expenses increased by AMD 5-6bln, what was suggested by the Armenian President and Republican Party of Armenia,” the Minister of Finance said. Thus, Armenia’s 2011 state budget will make AMD 1.1 trillion, with budget revenues to make AMD 852bln. According to Tigran Davtyan, the budget deficit will remain also in 2011, amounting to AMD 148bln.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
