November 1, 2016 - 13:05 AMT
Budget of President's office will be cut by AMD 600 million

The draft state budget for the year 2017 envisages a cut in the budget of the President's office, chief of the President' staff Armen Gevorgyan said, according to Aysor.

Over AMD 4.5 billion will be spent on the program expenses of the office in 2017, down by some AMD 600 million against the around AMD 5.1 billion this year, Gevorgyan said.

According to the official, the reduction is caused by the dissolution of the staff of the National Security Council and the formation of a National Security Council Secretariat within the President's office.

Also, he said, the cut is conditioned by a reduction of capital expenditures and repair work.