YEREVAN, November 7. /ARKA/. The draft budget of the Armenian government for 2019 has earmarked 1.2 billion drams to be paid as compensation for Soviet time depreciated bank deposits.

According to acting deputy minister of labor and social affairs Arsen Manukyan, the compensation will be paid to those citizens who were born before December 31, 1933, as well as to social groups stipulated by a special law.

The procedure for the payment of the depreciated bank deposits was approved by a law adopted in 2006. The law applies to those deposits that were placed before June 10, 1993.

The compensations are paid only to those persons who, from July 1, 2005 to April 1, 2006, were included in the lists of families eligible to social benefits. The first in row are persons over 70. ($1 - AMD 487.88). –0-