EDB: One of the smallest shares of social expenditures in the CIS is observed in Armenia

18.08.2011 | 16:21 Home / News / News /
Yerevan/Mediamax/. The share of social expenditures in the CIS ranges from 2.9% (Tajikistan) up to 13.3% (Ukraine)

Last week\'s macro-economic review worked out by the Analytical Department of Eurasian Development Bank reads this, Mediamax reports.

The largest social expenditures (over 15%) are registered in Belarusian, Ukrainian and Russian governments. The smallest share (10% and less) of social expenditures is registered in Tajikistan, Kyrgyzstan, Kazakhstan and Armenia. About 4% GDP is spent on health care by Russian, Belarusian and Ukrainian governments. It should be noted that the governments of Kyrgyzstan and Ukraine spend over 5% GDP on education. Belarus and Ukraine lead in the sphere of social protection expenditures, note EBR analysts.

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