Monday, November 6 2017 18:48
Ani Mshetsyan

More 0.4 billion AMD to be allocated for the programs of recreation, culture and religion in 2018

More 0.4 billion AMD to be allocated for the programs of recreation, culture and religion in 2018

ArmInfo. "In 2018, the financing of recreation, culture and religion programs will amount to 26, 691.2 million AMD or 0.4 billion more than in 2017," said Atom Janjughazyan, the first deputy finance minister of Armenia, on November 6 during the preliminary discussion of the draft budget for 2018 of the year.

The Minister of Culture Armen Amiryan stated that the budget of 2018 will be the development budget.  There will be a more aggressive policy regarding capital expenditures. He said that these funds should be directed to the development of infrastructures. "Next year, we plan to make a profit in the amount of 20-40 AMD, which we can send to sites that are not so interesting for tourists," said

Amiryan.

The Minister stressed that the bill "On Amendments and Additions to the Law on the Approval of the Order and Form of Issuing a Certificate for the Right of Export or Temporary Export of Cultural Property" will be submitted to the National Assembly of Armenia for consideration in July 2005. He noted that the process of exporting cultural property abroad should become more open and transparent.

Deputy Knyaz Gasanov noted that the films and series that are being shot now are much inferior to the films shot in the Soviet years. In response to his question, is it really impossible to produce 2 quality films once a year, Amiryan answered that serious steps are being taken in Armenia to strengthen the film production. "We have already sent the law" On Films "to the government and we are continuing to discuss it with experts. With this law we will grant certain privileges to foreign filmmakers, both in the financial sphere and in the sphere of provided services. Thus, we want to motivate foreign filmmakers to come and make films in Armenia," Amiryan said.

According to Amiryan, the law also provides for the introduction of certain business models for the production of films. Today in Armenia there are wonderful professionals in the field of information technologies and animation, which create visual effects for European and American film production. And our public does not know about this, as these companies work through European intermediaries. "We want to create a visual city in which all Armenian companies involved in visual effects, and find an opportunity to work directly with the filmmakers," he said, adding that these steps will contribute directly to the development of the film industry.

The minister also said that it is important to ensure the proportionality of the accessibility and reliability of cultural services in the regions.

The Minister of Sport and Youth Affairs Hrachya Rostomyan noted that 5 billion 458 million will be allocated in 2018 on the field of sport, while in 2017 was 5 billion 654 million. "We plan to carry out all activities in the field, not in the capital of Armenia, all those events that may conduct outside of Yerevan will be carried out in the fields." concluded Rostomyan.

The member of the Public TV and Radio Council, Stepan Zakaryan said that the amount that will be allocated to Public TV and Radio of Armenia remained the same, 6 billion 373 million in 2018. The amount allocated to public radio also remained the same 785 million, financing of the channel "Shoghakat" will be 150 million. And the amount that will be allocated to the first Armenian channel has increased to 249 million.

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10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

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Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

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The maturity date of T-bills

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