Republican party of Armenia says no need to revise budget expenditures

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Economy

13.03.2009, 22:20

The ruling Republican Party of Armenia (RPA) says there is no need for budget revisions, RPA Press Secretary Eduard Sharmazanov said at today’s press conference in Nonovosti International Press Center.

YEREVAN, March 13. /ARKA/. The ruling Republican Party of Armenia (RPA) says there is no need for budget revisions, RPA Press Secretary Eduard Sharmazanov said at today’s press conference in Nonovosti International Press Center.

“I believe, there is no need to review this issue now,” he said, adding he shares the prime minister’s view on this issue.

“In case on any unconformity, it will be necessary to revise the budget expenditures,” the MP said.
Armenia’s Government decided on Thursday to postpone for a while the elaboration of the mid-term program for budget expenditures for 1010-2012. In this connection, the RA Prime Minister said Armenia shifts to the quarterly budget planning.

According to Sargsyan, social expenditures, pensions, benefits, salaries and military expenditures will be economically protected, with the rest of the expenditures falling to the sector of harsh economy. –0--

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