YEREVAN. - The draft of Armenian State Budget provisions AMD 90 million (around $250,000) for participation of the Armenian delegation in 2012 London Olympic Games.

In 2012 AMD 885 million (about $2.4 million) will be provided for domestic competitions and training for other international championships.

AMD 50 million (about $ 135,000) are assigned for champions and winners.

The Minister of Sports and Youth Artur Petrosyan at Cabinet meeting on September 29 expressed dissatisfaction with the amount of awards allocated for winners of international tournaments.