Vestnik Kavkaza, Russia
Sept 27 2012

Armenian budget deficit will total 2.6% of GDP in 2013

The deficit of Armenian budget will total $306 million or 2.6% of the
GDP in 2013, Finances Minister Vache Gabriyelyan saus, ARKA reports.

The Armenian government has approved the budget for 2013 today. Income
will total $745 million, expenses $427 million.

Inflation is expected to stay at 4±1,5% at an economic growth rate of 6%.

Income of communities will total $240 million, expenses $251 million,
deficit $10 million.