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Armenian Parliament Approves Next Year Budget

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  • Armenian Parliament Approves Next Year Budget

    ARMENIAN PARLIAMENT APPROVES NEXT YEAR BUDGET

    /ARKA/
    December 10, 2009
    YEREVAN

    YEREVAN, December 10, /ARKA/. With a vote of 82 to 16 Armenian
    parliament has approved today the final version of the next year
    government budget. Lawmakers from the opposition Armenian Revolutionary
    Federation (ARF) and Zharangutyun (Heritage) parties voted against. One
    lawmaker abstained from voting.

    The final version calls for 742 billion Drams of revenues and 935.5
    billion Drams of expenditures. The deficit is projected at 193.4
    billion Drams. It predicts also a 1.2% economic growth and a 2.5-5.5%
    inflation.

    The final version includes a set of proposals and suggestions made
    by lawmakers during previous discussions of the draft budget in the
    parliament.
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