“Tough” budget is planned for 2017, Armenian PM says
Thursday 29 September 2016
Government of Armenia approved draft state budget for 2017 during today’s session.
Minister of Finance Vardan Aramyan noted that additional tax revenues are expected next year as a result of administrative mechanisms.
“We were relatively traditional in regard to expenditures and planned AMD 1 trillion and 360 billion for the whole year. In this case, we will keep budget deficit at about 2.8%, which is reduced by half in comparison with the index of 2016,” Vardan Aramayan said.
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