128 bank accounts for large families

Azat Artsakh – Republic of Nagorno Karabakh (NKR)
April 27, 2004

128 BANK ACCOUNTS FOR LARGE FAMILIES

According to the November 26, 2002 decision N 62 of the NKR government
measures are taken to raise birthrate, improve material supply and
education of the growing generation and the quality of life of large
families, the final aim being social security of the Karabakh
population and relief of the social tension. According to the head of
the department of benefits of the NKR Ministry of Social Security
Samvel Dadayan, for several years now in the first trimester of the
current year in the regional branches of “Artsakhbank” 128 bank
accounts were opened for the 3rd, 4th, 5th, 6th, 7th, 9th and 11th
child in their families until the age of 18, the total amount of money
is 115 thousand 400 US dollars. According to the mentioned decision of
the government, within the framework of providing financial aid to the
families having more than 5 children 1329 children of 241 families
received in total 3 million 409 thousand 700 drams (subsidy for 60
kW/h electricity per child). The official of the Ministry of Security
informed that in the first trimester of the current year on the birth
of the 11th child in the family of Tamara Sarghissian, village
Vazghenashen, Martouni region, for improving the social and economic
condition of the family, 2 million 823 thousand 900 AM drams equal to
5000 US dollars was transferred on the account opened in the Martouni
branch of “Artsakhbank”. According to Samvel Dadayan, the
implementation of the program has already produced desirable results,
and in parallel with the policy of encouraging birthrate the outflow
of the villagers is also slowed down.

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