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Armenian budget deficit will total 2.6% of GDP in 2013

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  • Armenian budget deficit will total 2.6% of GDP in 2013

    Vestnik Kavkaza, Russia
    Sept 27 2012

    Armenian budget deficit will total 2.6% of GDP in 2013


    The deficit of Armenian budget will total $306 million or 2.6% of the
    GDP in 2013, Finances Minister Vache Gabriyelyan saus, ARKA reports.

    The Armenian government has approved the budget for 2013 today. Income
    will total $745 million, expenses $427 million.

    Inflation is expected to stay at 4±1,5% at an economic growth rate of 6%.

    Income of communities will total $240 million, expenses $251 million,
    deficit $10 million.

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