PRESIDENT: ARMENIA’S RURAL COMMUNITIES ABANDON DEBT ACCUMULATION TRADITION
ARKA
Oct 11, 2011
YEREVAN, October 11. /ARKA/. In recent years, Armenia’s rural
communities abandoned debt accumulation tradition, Armenian President
Serzh Sargsyan said Monday at rural communities’ first forum in Jermuk,
one of Armenia’s resorts.
He said that yet four or five year ago communities were accumulating
debts and the authorities had to repay them with three-or-four-year
delay.
“I am convinced that this was dissipation of financial resources,”
he said. “But we have manage to put things right, and I express my
gratitude to provincial governors, heads of villages, the territorial
administration ministry and, of course, to the vice premier.”
“AMD 20 billion was allocated from Armenia’s budget this year for
solving pressing problems, which have always been and will be in our
communities,” Sargsyan said.
He said that beneficiaries of infrastructure-improving programs are
347 rural communities.
He also said further efforts should be concentrated on enhancement
of local self-governing institutions’ responsibility.
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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