RA HOUSING MUNICIPAL ECONOMY FINANCED IN AMOUNT OF 22.2
BILLION DRAMS IN 2006
07-09-2007 21:20:00 | Armenia | Economy
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. 22.2 bln drams (about
55.5 mln USD) was allocated from the state budget to the RA
housing municipal economy in 2006, which was 83.9% of the
programmed index. The deviation from the program was mainly
conditioned by the low fulfilment index of some credit and grant
programs financed from foreign sources. The main part of
resources - 80% was allocated to programs on housing, housing
construction, water supply and sewerage systems. The deputy
minister of finance and economy, chief treasurer Atom
Janjughazian stated this at the September 7 joint sitting of the
RA National Assembly standing committees.
According to him, expenditures on housing municipal economy
accounted for 4.6% of the overall expenditures of the state
budget - against 5.4% in the previous year. In particular,
expenditures on housing and housing construction amounted to
11.3 bln drams, which made 93.8% of the sum envisaged by the
state budget, including 1.8 bln drams on providing homeless
families of first and second category disabled servicemen with
apartments and improvement of their living conditions, 461.3 mln
drams on the state assistance program against the money invested
by shareholders of building societies, and 349.3 mln drams spent
on the apartment construction program.