  Armenian govt. approves 2014-2016 expenditures program July 4, 2013 - 14:47 AMT PanARMENIAN.Net - The Armenian government approved Thursday, July 4, the medium-term expenditures program for 2014-2016. Finance Minister David Sargsyan said the GDP (gross domestic product) growth will make 6,9% in 2014, 10% in 2015 and 11% in 2016. According to him, the budget revenues will total AMD 1 trn 146 bln or 23,63% of the GDP. “This is AMD 113bln more than in 2013, with the revenue growth to be mostly secured due to tax yields,” he said. As to budget expenditures, these have been estimated at AMD 1trn 258bln for 2014, which is AMD 105bln more than for 2013. The same figure is expected for 2015 and 2016.   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 |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
