Armenia Expects 11 Million Euro Grant From Eu

ARMENIA EXPECTS 11 MILLION EURO GRANT FROM EU

YEREVAN, NOVEMBER 5, ARMENPRESS: Programs of European Integration
found their reflection in revenue and expenditure terms of 2013 state
budget. This was declared by Pavel Safaryan the Deputy Minister of
Finances during the November 5 sitting of the NA Committee on European
Integration and the Financial and Budgetary Affairs.

“We expect about 11 million euro grant from EU in terms of revenue,
which is connected with two programs, one of which is the program
on national actions launched in 2009 and another one is the program
on national action plan for education launched in 2010” Armenpress
cited Safaryan.

According to the Deputy Minister of Finances, there will also be some
targeted grants, which are supposed for certain programs, such as for
the support of farmers, Kaps reservoir recovery and reconstruction
of underground station.