28.04.2020 15:58
YEREVAN, April 28. /ARKA/. Armenia will increase its debt burden by 260 billion drams amid COVID-19, the budget deficit in 2020 may amount to 324 billion drams, Finance Minister Atom Janjughazyan said at an extraordinary parliamentary meeting convened Tuesday to revise budget indicators.
He said that the need to attract additional debt is estimated at 260 billion drams, since with such a forecast of a decline in GDP (a decline of 2% at the end of the year), a decrease in nominal amount of GDP is also expected, which is instead of the projected 7 trillion 95 billion drams will amount to 6 trillion 485 billion drams.
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