Armenian Parliament Approves Next Year Budget

ARMENIAN PARLIAMENT APPROVES NEXT YEAR BUDGET

/ARKA/
December 10, 2009
YEREVAN

YEREVAN, December 10, /ARKA/. With a vote of 82 to 16 Armenian
parliament has approved today the final version of the next year
government budget. Lawmakers from the opposition Armenian Revolutionary
Federation (ARF) and Zharangutyun (Heritage) parties voted against. One
lawmaker abstained from voting.

The final version calls for 742 billion Drams of revenues and 935.5
billion Drams of expenditures. The deficit is projected at 193.4
billion Drams. It predicts also a 1.2% economic growth and a 2.5-5.5%
inflation.

The final version includes a set of proposals and suggestions made
by lawmakers during previous discussions of the draft budget in the
parliament.