Parliament approves Armenia's budget for 2020December 6, 2019 - 13:17 AMT PanARMENIAN.Net - The National Assembly on Friday, December 6 approved Armenia's budget for 2020, with 77 lawmakers voting in favor and 37 against. The budget predicts a growth of 4.9% for the coming year, while deficit is projected at AMD 160.7 billion. According to the draft law, revenues amount to AMD 1.69 trillion, while expenditures total AMD 1.85 trillion. Ahead of the vote on Friday, Prime Minister Nikol Pashinyan said that Armenia has purchased “unprecedented amount of weapons and ammunition”. The PM described the budget as revolutionary. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |