YEREVAN, October 30. / ARKA /. Armenia’s science will get 12.7 billion drams in funding next year if the government-drafted 2014 budget goes through the parliament. Deputy finance minister Pavel Safaryan told a parliament discussion on the budget today that the earmarked figure represents an 11.3 percent rise form this year’s funding.
According to Safarian , a substantial part of the funds - 9.2 billion drams - will be used for basic funding, which is 67 million drams more than this year. Also 1.5 billion drams are earmarked for contractual financing.
Also 446 million drams are set aside for additional payment to scientists and researchers with academic degrees, by 5 million drams more than this year. This community includes 770 doctors of science who get 20,000 drams for their degrees and 2,180 and Ph.Ds., who get 10,000 drams.
The government plans to collect next year 1. 134 trillion drams in revenue and spend 1.244 trillion drams. The projected deficit is 110 billion drams. The GDP is projected to grow by 5.2 % and the 12-month inflation rate is planned at 4 % (± 1.5%) ($ 1 - 405.76 drams). .-0-