  RA government approves 2011 draft budget September 30, 2010 - 18:48 AMT PanARMENIAN.Net - During its September 30 field sitting in Ijevan (Tavush region), the Armenian government approved the 2011 draft state budget. Armenian Prime Minister Tigran Sargsyan noted that Armenia has overcome the crisis. He added that the measures undertaken by the government will be aimed at securing economy’s sustainable growth. “It will allow reaching the pre-crisis high rates of growth within a short period,” he said. The draft state budget for 2011 envisages incomes and expenditures at the amount of AMD 850bln and AMD 998.6bln respectively, with deficit to total AMD 148.6bln. According to PM Sargsyan, the draft budget has been thoroughly discussed in various instances and it is in compliance with the government’s economic policy. Moreover, the results of discussions were debated with participation of President Serzh Sargsyan. “Expenditures envisaged under the draft state budget were increased by AMD 10bln. Now, everything depends on summarization of the results of 2010,” Sargsyan said, adding that 2011 will be a year of strenuous work.   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 Pashinyan’s spokesperson denies intention to visit Baku for COP29  Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said.Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said.Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution.Armenia: Rescue workers restore pedestrian bridge for flood-hit community Rescue workers on Wednesday, June 5 restored a pedestrian bridge in the town of Alaverdi in Armenia’s north. |
