YEREVAN, October 25. /ARKA/. The deficit of the Armenian government’s 2022 budget is projected at 3.1% of GDP or 243 billion drams, Finance Minister Tigran Khachatryan said today when speaking at a parliamentary hearing on next year’s budget.

He said at the end of 2022 the debt/GDP ratio is projected at 60.2%. In 2020 the ratio was 63.5%.

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Armenia’s government budget deficit in GDP will increase by 4.8 percentage points in 2020, compared to last year, and will reach 6.2%, which is mainly due to tax cuts, according to the monetary policy program for the fourth quarter and the central bank’s report on the implementation of monetary policy for the third quarter of this year

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Armenia’s budget deficit will be about 300 billion drams in 2021, however, it may be less than projected, Armenian Economy Minister Vahan Kerobyan said yesterday in an interview with Azatutyun Radio

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The draft 2020 budget of the Armenian government projects a deficit to the tune of 183 billion drams or 2.6% of the GDP, Minister of Finance Atom Janjugazyan said today during a discussion of the draft budget by parliamentary standing committees

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Armenia’s current account deficit of the balance of payments in January-September 2016 dropped by $75.29 million from the year before to $110.03 million, the National Statistical Service (NSS) said

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Armenia’s 2016 budget deficit will make about 5.9-6% of GDP, finance minister Vardan Aramyan told a news conference today. According to him, over the past two years the government has been pursuing the so-called counter-cyclical fiscal policy

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Armenia is planning to half its budget deficit in 2017, Vardan Aramyan, the country’s finance minister, told journalists on Thursday

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Russia will invest $4-5 billion in the transport and resort infrastructure of Crimea, which joined Russia Tuesday following a referendum last Sunday, deputy economic development minister Alexei Likhachev said Wednesday

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Armenian Finance Minister David Sargsyan, presenting today the 2014 draft government budget to the Cabinet

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Armenia’s state budget is implemented at 59.9- billion- dram deficit in 2012, acting finance minister of Armenia Vache Gabrielyan said Thursday at the government session as he presented budget implementation report 2012

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