MOST OF BUDGETARY ALLOCATIONS FOR URBAN DEVELOPMENT IN 2009
TO BE SPENT ON REPAIRS OF EDUCATIONAL FACILITIES
31-10-2008 20:00:00 | Armenia | Economy
YEREVAN, OCTOBER 31, NOYAN TAPAN. By the 2009 draft state
budget, 30 bln drams will be allocated to the urban development
sector, with most of the allocations (83%) being spent on major
repairs and construction of educational facilities. The minister
of urban development Vardan Vardanian told reporters that the
funding of major repairs and construction of educational
facilities will grow by about 50% as compared with 2008, thanks
to which 286 educational facilities will undergo repairs or
major repairs in 2009.
The minister said that about 7 thousand families made
homeless by the earthquake will be provided with apartments by
2013. In parallel with that, the program on apartment purchase
certificates will continue, under which 2.6 bln drams was
allocated and nearly 500 families in 4 marzes improved their
housing condutions in 2008. Out of the 2009 state
budget-envisaged 4 bln drams for restoration of the earthquake
zone, 1.7 bln drams will be allocated for apartment
construction, while the remaining sum - to the program on
apartment purchase certificates, under which 570-600 families
will improve their housing conditions in 2009.