{"id":377,"date":"2010-05-02T17:43:30","date_gmt":"2010-05-02T17:43:30","guid":{"rendered":"http:\/\/www.aaeurop.com\/?p=377"},"modified":"2010-05-02T17:43:30","modified_gmt":"2010-05-02T17:43:30","slug":"armenian-budget-for-officials%e2%80%99-well-being","status":"publish","type":"post","link":"https:\/\/www.aaeurop.com\/?p=377","title":{"rendered":"Armenian budget for officials\u0569\u00a7\u0549\u0082-\u0549\u0084\u00a7 well-being"},"content":{"rendered":"

The RA Ministry of Finance has released a budget report on for the 1st<\/sup> quarter of 2010.<\/em><\/em><\/p>\n

According to the report, the budget revenues totaled 164.1bn AMD (7.2% more than the government-budgeted amount). On-budget expenditures totaled 170.1bn AMD (90.5%). As a result the budget deficit proved to be less than the budgeted deficit.<\/p>\n

The on-budget expenditures showed an increase of 10.9% (16.7bn AMD) as compared with the corresponding period last year. The ministry accounts for the increase by an increase in expenses due to non-financial assets ands grants, as well as on the service of foreign debt and social benefits.<\/p>\n

Government-financed employees were unlucky. In the 1st<\/sup> quarter 2010, salaries, though raised by 6.6%, proved to be 10.7% lower than the budgeted level. So the relevant expenses totaled 14.8bn AMD (8.7% of the on-budget expenditures).<\/p>\n

The government-financed employees can, however, be grouped as follows: the fist group has to live on \u0569\u00a7\u0549\u0082-\u056a\u0093crumbs from the table,\u0569\u00a7\u0549\u0082-\u0539\u009d whereas the second, sitting round the table, enjoy themselves with dainties. High-ranking and other officials at \u0569\u00a7\u0549\u0082-\u056a\u0093elite\u0569\u00a7\u0549\u0082-\u0539\u009d government agencies make full use of the opportunities afforded by the state budget.<\/p>\n

Specifically, a total of 1.5bn AMD (almost U.S. $4m) has been budgeted for the salaries to \u0569\u00a7\u0549\u0082-\u056a\u0093people\u0569\u00a7\u0549\u0082-\u0549\u0084\u00a7s deputies\u0569\u00a7\u0549\u0082-\u0539\u009d and the RA Parliament staff this year. The expenses on the Central Bank of Armenia (CBA) (staff, cars, business tips, etc..) will total 4.7bn AMD (U.S. $12.2m).<\/p>\n

Although the number of ministries is not so high as compared with the Soviet period, numerous new government agencies have been formed only to prove a heavy burden on the shoestring state budget. The past decade has seen the formation of numerous institutes for public administration and economic management.<\/p>\n

Among them is the RA Public Services Regulatory Commission, which recently gained notoriety for approving the ArmRusgasprom Company\u0569\u00a7\u0549\u0082-\u0549\u0084\u00a7s application for a new natural gas price. Taxpayers, with most of them being the monopolist\u0569\u00a7\u0549\u0082-\u0549\u0084\u00a7s clients, are actually \u0569\u00a7\u0549\u0082-\u056a\u0093sponsoring\u0569\u00a7\u0549\u0082-\u0539\u009d the company and its highly paid staff, while the company\u0569\u00a7\u0549\u0082-\u0549\u0084\u00a7s decisions run counter to taxpayers\u0569\u00a7\u0549\u0082-\u0549\u0084\u00a7 interests. Moe examples might as well be cited. Of importance is, however, the following conclusion: despite their numerous reports, the sinecure organizations are hardly of benefit to the Armenian economy.<\/p>\n

On top of all this, officials promote their well-being by participating in numerous projects sponsored by international financial agencies and donor organizations. This is actually the reason for various strategic programs, like the Poverty Reduction Program.<\/p>\n

T.P.<\/p>\n

NEWS.am<\/p>\n","protected":false},"excerpt":{"rendered":"

The RA Ministry of Finance has released a budget report on for the 1st quarter of 2010. According to the report, the budget revenues totaled 164.1bn AMD (7.2% more than the government-budgeted amount). On-budget expenditures […]<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"author":1,"featured_media":378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"footnotes":""},"categories":[15],"tags":[],"_links":{"self":[{"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=\/wp\/v2\/posts\/377"}],"collection":[{"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=377"}],"version-history":[{"count":1,"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=\/wp\/v2\/posts\/377\/revisions"}],"predecessor-version":[{"id":379,"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=\/wp\/v2\/posts\/377\/revisions\/379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=\/wp\/v2\/media\/378"}],"wp:attachment":[{"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aaeurop.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}