FINANCING OF EDUCATION INCREASES BY ABOUT 30% IN 2007
15-05-2008 15:00:00 | Armenia | Economy
YEREVAN, MAY 14, NOYAN TAPAN. The state budgetary financing
of the education and science sector grew by about 32% or 22.9
billion drams in 2007, the RA chief treasurer Atom Janjughazian
said at the May 14 joint sitting of the RA National Assemly
standing committees. According to him, 95.8 bln drams was spent
instead of 91.8 bln drams envisaged by the state budget for
education and science.
The share of science and education made 2.7% of GDP in 2006
and 3% of GDP in 2007. The financing of science remained at the
same level making 5.9 bln drams, while the financing of
education grew. Sums given to secondary education (76.8%) made
the largest share of the allocations to education.
The minister of education and science Levon Mkrtchian said
that in 2007 the budget of science and education had a
programmed basis. In his words, the ministry has already
developed detailed programs for up to 2015 and is cooperating
under these programs with the World Bank and several other
international financial structures.
Last year some changes were made in the credit programs: in
particular, 15 thousand teachers underwent training instead of
the envisaged 8 thousand ones. The training of head masters
finished in 2007. Besides, a radical reform of the specialized
secondary education system has been prepared under the European
Neighborhood Policy. Its implementation is envisaged in 2008.