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On November 8 at the joint sitting of the RA National Assembly Standing Committees on Economic Affairs and Financial-Credit and Budgetary Affairs the financing designed by the RA draft law “On 2012 State Budget of the Republic of Armenia” to the industry, urban development, transport and communication, energy system and natural resources, tariff policy, protection of the economic competitiveness and cadastre was debated.

The RA First Deputy Minister Pavel Safaryan presented the common picture of the budgetary allocations of the mentioned spheres, and the RA Minister of Economy Tigran Davtyan, the RA Minister of Energy and Natural Resources Ara Simonyan, the RA Minister of Urban Development Vardan Vardanyan, the Ra Minister of Transport and Communication Manuk Vardanyan, the RA Commission Regulating Public Services Robert Nazaryan, the RA Chairman of the State Commission of the Protection of Economic Competitiveness Artak Shaboyan, Deputy Chairman of the State Committee of Real Estate Cadastreat the RA Government Ashot Musayan presented the distribution of the envisaged allocations according to certain spheres.

In 2012 in the sphere of energy and transport a number of credit programmes is designed to be continued and implemented.

The second part of the sitting related to the formation of the incomes, tax and customs policy, which presented the RA First Deputy Minister Pavel Safaryan and Deputy Chairman of the State Revenue Committee adjunct to the RA Government Armen Alaverdyan.

In the NA Standing Committees the debates of the RA Draft Law “On 2012 State Budget of the Republic of Armenia” were over.