2012 draft budget stipulates for AMD 3000 pension increase

2012 draft budget stipulates for AMD 3000 pension increase

PanARMENIAN.Net - Cutting budget expenditures and increasing income in 2011 enabled allocation of AMD 65 bln to 2012 governmental programs in priority sectors, Armenia’s Deputy Minister of Finance said.

As Pavel Safaryan noted, presenting 2012 draft budget at governmental sitting, budget revenues were set at AMD 910 bln; budget expenditures at AMD 1042,5 bln; budget deficit at 132,5 bln.

Pension increase of AMD 3000 was stipulated by draft budget.

7  29.09.11 - RA Government holds another session
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