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Despite Bad Predictions, They Are Against Budget Revision

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  • Despite Bad Predictions, They Are Against Budget Revision

    DESPITE BAD PREDICTIONS, THEY ARE AGAINST BUDGET REVISION

    LRAGIR.AM
    16:41:48 - 08/04/2009

    I don't think that the budget should be reviewed. The government has
    already announced the steps it is going to accomplish. The government
    has transferred a part of the expenditures from the second to the
    forth quarter, and this was already stated," said the president of
    the Armenian Central Bank Artur Javadyan. In addition, Javadyan is
    stating this, admitting at the same time that according to the CB
    predictions and according to the predictions of the government which
    are worse that those of the CB, the increase of the Armenian economy
    in 2009 will be less than the 9 percent scheduled by the budget.
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