COSTS OF RUNNING ARMENIAN PRESIDENT AND PARLIAMENT OFFICES ALMOST 7 BLN DRAMS IN 2012

YEREVAN, May 31./ARKA/. Expenses of Armenia’s presidential and
parliament administrations amounted to a total of 6.98 billion
drams under the government budget for 2012, head of presidential
administration Vigen Sargsyan said at the 2012 budget performance
discussions in the parliament Friday.

In the reporting period, 4.28 billion drams were allocated for
president’s administration instead of 4.39 billion of the reviewed
budget.

Appropriations to meet the cost of running the National Assembly
totaled 2.7 billion drams in 2012 (99.9% fulfillment), according to
the head of the parliament administration Gurgen Dumanyan.

No major change compared to the year before, Dumanyan added.

Under the reviewed budget for 2012, receipts amounted to 944.914bln
drams, actual revenues were 946.193bln drams excluding off-budget
funds (101.1% of the reviewed budget). Actual expenditures, including
23.696bln drams in off-budget expenses, were 1.006trln drams or 93.4%
of the reviewed budget. The deficit amounted to 59.9bln drams, which
is 45.3% of the reviewed budget target. ($1=416.71drams). -0-

From: Emil Lazarian | Ararat NewsPress