SCIENCE AND EDUCATION FINANCED IN AMOUNT OF 72.1 BILLION
DRAMS FROM STATE BUDGET IN 2006
05-09-2007 20:00:00 | Armenia | Economy
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. 72.1 bln drams (about
173.3 mln USD) was allocated from the RA state budget to the
sphere of science and education in 2006. The fulfilment index
made 88.5%. The deviation is mainly conditioned by a low
implemenation index of grant and credit programs on elementray,
main and secondary education. Without these programs, the
fulfilment index made 99.5%. There was a growth of allocations
with respect to all subgroups of the education and science
sphere as compared with 2005, as a result of which expenditures
grew by 18.6%, the RA deputy minister of finance and economy,
chief treasurer Atom Janjughazian said at the September 5 joint
sitting of the RA National Assemly standing committees.
According to him, 72% of expenditures on the sphere of
education and science or about 52 bln drams was allocated for
the comprehensive education system. The annual program was
fulfilled by 84.9%. The deviation was mainly caused by delay in
incurring expenses envisaged by the Lincy Foundation grant
programs, as well as by underfulfilment of the education quality
and conformity credit program implemented with the assistance of
the World Bank.
In 2006, over 4.3 bln drams was allocated from the state
budget to general special programs whose implementation index
made 98.1%, 2.3 bln drams - to out-of-school education (99.9%),
and about 5.3 bln drams - to higher and post-graduate special
education programs (99.9%).
5.2 bln drams was allocated to science, which made 99.8% of
the envisaged amount. Financing of science was done by basic,
target-progam and contract principles. Allocations to science
grew by 25.1% as compared with 2005, which is due to an increase
in salaries, social insurance payments, in the number of
post-graduate students and their scholarships, as well as by a
growth of capital expenditures.