Armenia’s supervision chamber to monitor spending of budget, loan funds
26.03.2008,
20:11
Armenia’s Supervision Chamber is to conduct monitoring of the spending of budget and loan funds, the Chairman of the Chamber Ishkhan Zakarian said.
YEREVAN, March 26. /ARKA/. Armenia’s Supervision Chamber is to conduct monitoring of the spending of budget and loan funds, the Chairman of the Chamber Ishkhan Zakarian said.
Inspections are to be made in the period from April 22 to June 20 and will cover the period of August 1 2006 to January 1 2008
“If violations are revealed, we will not be turning blind eye to them. The law provides for ways bring to account. If it is found to be a public wrong, all cases will be sent to the prosecutor office,” Zakarian said.
He stressed that the Chamber is going to inspect all organizations within the scope of budget financing and loan programs.
Any protocol compiled by the Chamber after inspections will be first discussed with respective agencies and ministries binding them to then, during a month, provide information on the works done, Zakarian said.
He also urged the chamber members to consistently study the state appropriations for road construction.
”About 41bln Drams will be directed to road construction, thus a specialized commission needs to be set up since it quite difficult to supervise this sphere,” Zakarian said considering involvement of foreign experts possible.
He also pointed out that more often check-ups are to be implemented in organizations where serious loan programs are planned to be implemented.
Among the target ministries Zakarian mentioned the Ministry of Agriculture where a number of state programs are to be implemented on seed-growing, forestry and veterinary for total of 11bln Drams. “We should ensure that no dissatisfaction occurs among rural communities and that all the appropriations to the last penny are under control,” Zakarian said. –0--
Inspections are to be made in the period from April 22 to June 20 and will cover the period of August 1 2006 to January 1 2008
“If violations are revealed, we will not be turning blind eye to them. The law provides for ways bring to account. If it is found to be a public wrong, all cases will be sent to the prosecutor office,” Zakarian said.
He stressed that the Chamber is going to inspect all organizations within the scope of budget financing and loan programs.
Any protocol compiled by the Chamber after inspections will be first discussed with respective agencies and ministries binding them to then, during a month, provide information on the works done, Zakarian said.
He also urged the chamber members to consistently study the state appropriations for road construction.
”About 41bln Drams will be directed to road construction, thus a specialized commission needs to be set up since it quite difficult to supervise this sphere,” Zakarian said considering involvement of foreign experts possible.
He also pointed out that more often check-ups are to be implemented in organizations where serious loan programs are planned to be implemented.
Among the target ministries Zakarian mentioned the Ministry of Agriculture where a number of state programs are to be implemented on seed-growing, forestry and veterinary for total of 11bln Drams. “We should ensure that no dissatisfaction occurs among rural communities and that all the appropriations to the last penny are under control,” Zakarian said. –0--
