Hakob Hakobyan: No social cuts envisaged in next year's budgetNovember 12, 2009 - 17:48 AMT PanARMENIAN.Net - "Our challenge is to maintain the level of budgetary expenditures of 2009. This means that the development of the budget is not planned for 2010. We will not be able to realise a three-percent reduction in poverty and extreme poverty. At the same time no social cuts are projected for the the budget 2010, " Hakob Hakobyan , the Chairman NA Standing Committee on Social Affairs told a meeting with journalists. The projected growth of GDP is 1.2 per cent, which will contribute to the fulfillment of the budget plan. Concerning the economic benefits for Armenia after opening of the Armenian-Turkish border, he said: "How long can we keep ourselves locked? After opening the Armenian-Turkish border, our government should think about promoting our products in international market. Turkey should be viewed as a short way to the European market and the Mediterranean". Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. Partner news Most popular in the section | Ucom’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. Armenia parliament to consider draft proposal on impeachment June 17 The Armenian Parliament will hold an extraordinary session on June 17 to consider a draft proposal on the resignation of the government. Armenia to send Deputy Foreign Minister to Berlin’s Ukraine Recovery Conference Georgia will attend the forum at the level of Prime Minister, Foreign Minister, while Azerbaijan will send their Foreign Minister. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. |