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 | 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. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. 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. |