03/10/2009 16:21
Spending on social services increase
Between January and August the state faces 157.7 billion AMD in increased spending on social services (growth by 35% which is 86.9% of nine-month plan).
In particular 116.9 billion AMD was allocated as pensions for retirees, and 40.8 billion as benefit.
Spending on pensions grew by 14%, on benefits – by 26.2%; spending on subsidy reached 12.2 billion AMD that implement the plan by 81.2% and lost 22.1% to last year’s index, reports press-office of Armenian Ministry of Finance.
Budget of more than 48.6 billion AMD was projected as grant spending of which nine-month program is already executed by 80.3%.