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Xinhua General News Service, China
September 27, 2012 Thursday 9:55 AM EST
Armenian 2013 state budget significantly higher
YEREVAN Sept. 27
The Armenian government approved a significantly increased 2013 draft
budget of 1.06 trillion AMD (2.62 billion U.S. dollars) Thursday,
local media Armenpress reported.
"Expenses will be around 1.18 trillion AMD (2.92 billion dollars), and
the deficit will be 124 billion AMD (307 million dollars)," Armenian
Minister of Finance Vache Gabrielyan said.
He said inflation would be between 2.5 percent and 5.5 percent, the
deficit 2.6 percent, and economic growth 6 percent.
The 2013 budget is about 16 percent up on the 2012 budget, which was
set at 911.6 billion AMD (2.26 billion dollars).
The government will submit the draft budget to the National Assembly
for discussion 30 days prior to the beginning of the fiscal year.
September 27, 2012 Thursday 9:55 AM EST
Armenian 2013 state budget significantly higher
YEREVAN Sept. 27
The Armenian government approved a significantly increased 2013 draft
budget of 1.06 trillion AMD (2.62 billion U.S. dollars) Thursday,
local media Armenpress reported.
"Expenses will be around 1.18 trillion AMD (2.92 billion dollars), and
the deficit will be 124 billion AMD (307 million dollars)," Armenian
Minister of Finance Vache Gabrielyan said.
He said inflation would be between 2.5 percent and 5.5 percent, the
deficit 2.6 percent, and economic growth 6 percent.
The 2013 budget is about 16 percent up on the 2012 budget, which was
set at 911.6 billion AMD (2.26 billion dollars).
The government will submit the draft budget to the National Assembly
for discussion 30 days prior to the beginning of the fiscal year.