Armenia's parliament approves 2018 state budget

 Armenia's parliament approves 2018 state budget

Armenia's National Assembly approved the final version of the draft state budget for 2018 with 64 votes in favor and 35 against. 

Expenditures and revenues for 2018: 1 trillion 308 billion drams in revenues, 1 trillion 307 billion drams in expenditures, the projected deficit is about 156.9 billion drams. The government promises to achieve a 4.5% GDP growth. 

Presenting the report on this draft at parliament, the country's Finance Minister Vardan Aramyan said that six 'pillars' were put on the basis of the 2018 State Budget.

And these pillars are macroeconomic stability, security, investments in infrastructure, balanced collection of income, solution of social problems, and more targeted expenditures, reported.


Vestnik Kavkaza

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