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Armenian Government Concerned Over Budget Fulfillment

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  • Armenian Government Concerned Over Budget Fulfillment

    ARMENIAN GOVERNMENT CONCERNED OVER BUDGET FULFILLMENT

    October 23, 2013 | 16:37

    YEREVAN. - Armenian budget expenditures for 2014 show an economic
    decline, economist Ashot Yeghiazaryan said commenting on the draft
    state budget for 2013.

    "Armenia's state budget revenues are set at 1trillion 127 billion
    drams, expenses at 1 trillion 270 billion. Budget deficit is projected
    to be around 110 billion drams, or about 3 percent of GDP," he said
    during the Wednesday media conference.

    At the same time, he added, if the previously projected economic growth
    made 6.3 percent, the present draft budget suggests 5.2-percent growth.

    "So, the Armenian government is concerned over fulfilling of the
    budget," he resumed.

    News from Armenia - NEWS.am

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