Time in Yerevan: 11:07,   24 April 2024

State to allocate over 30% of budget to social protection sector

State to allocate over 30% of budget to social protection sector

YEREVAN, NOVEMBER 2, ARMENPRESS. It is planned to allocate 409 billion AMD to the social protection sector under the 2017 state budget, First Deputy Minister of Finance Atom Janjughazyan said during the parliamentary debates of the 2017 state budget, reports “Armenpress”.

“This makes around 30.1% of Armenia’s 2017 state budget”, he said.

According to him the feature of the expenditure program is that the money for the state authorities can comprise a minor part. “The same approach has been applied as in case of other state authorities, in other words, the allocations will enable to arrange the planned functions”, he said. 








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