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On November 5, at the joint sitting of the RA NA Standing Committees on Labor and Social Affairs and on Financial-Credit and Budgetary Affairs, financial allocations for social security, allowances and pensions envisaged in the draft law on the RA State Budget for 2022 were debated.

The RA Minister of Finance Tigran Khachatryan has noted that 579bln 880mln 700 thousand AMD will be allocated to the Ministry of Labor and Social Affairs by the draft of the state budget for 2020. As the Minister has assured, the expenditures of the social sphere envisaged by the Government are the largest.

It is planned to implement 16 programmes and 93 events in 2022.

“About 580bln AMD financing are envisaged by the draft budget for 2022. 503bln 670mln AMD financing have been envisaged by the budget approved in 2021, the growth is 15,1%,” the Minister of Finance said.