November 12, 2009 - 16:38 AMT
Vardan Ayvzayan: State budget of 2010 relevant to situation in Armenia
Armenia's draft state budget of 2010 is relevant to the situation in the country, Vardan Ayvazyan , head of NA Standing Committee on Economic Affairs, member of the Republican faction told a press conference in Yerevan.

According to him, the whole structure of the 2010 budget does not differ from the previous year's budget. "There is a decline in the budget revenues, which, of course, is the result of the global financial and economic crisis," head of the parliamentary committee said.

Vardan Ayvazyan assured that in respect of the social sphere the government tried to adhere to the policy it announced and keep the degree of responsibility at the same level.