FUNDS TO BE ALLOCATED TO ARMENIA'S EDUCATIONAL SPHERE TO<br /> INCREASE<br />


FUNDS TO BE ALLOCATED TO ARMENIA'S EDUCATIONAL SPHERE TO
INCREASE

  • 30-11-2007 16:35:00   | Armenia  |  Social
YEREVAN, NOVEMBER 30, NOYAN TAPAN. The funds to be raised as a result of reforms to be implemented in Armenia's tax sphere will be allocated to the educational sphere. As Aristomene Varudakis, the Director of the World Bank (WB) Yerevan Office, said at the November 30 press conference, teachers' salaries have considerably increased as a result of reforms implemented in the educational sphere: in particular, by 65% in 2005, by 16% in 2006, and by 19% in 2007. Nevertheless, in his words, budget allocations need to the increased, and the credit of assistance to Poverty Reduction, 18.5m USD, allocated by WB lately will be also used for educational sphere's development. A. Varudakis said that the above mentioned sum will be used for implementation of reforms in customs and tax administration spheres. In particular, such systems will be introduced, which will enable people to deal less with employees of the above mentioned sphere. Besides, a special attention will be paid to illegal deforestations. It was mentioned the since 1992 WB has allocated 1.1bn dollars to Armenia for implementation of 49 programs.
  -   Social