The session of the Permanent High Council for Development of the Medium-Term State Expenditure Program (MPSP) in the Republic of Armenia was held under the leadership of Prime Minister Nikol Pashinyan. 

In the session, the Republic of Armenia 2019-2021 were discussed. the main macroeconomic indicators and the fiscal framework to be laid as the basis for the development of the project of the state medium-term expenditure plan. 

Before starting the discussion, the Prime Minister, in particular, noted: “I want to record the following. in fact, the formulation and preparation of the Medium-term expenditure plan is a long-term process and it started in one political situation and is coming to an end in another situation. Our task, based on the results of the discussion, is to first understand today’s objective situation and prospects, and second. however, in the medium-term expenditure plan, we should try to express the new political situation existing today and our state, people’s and national aspirations arising from it. I hope that today’s discussion will be effective in that regard. We are also limited by time, but we must try to work as efficiently as possible in this short time and have not only a realistic, but also an optimistic Mid-Term Expenditure Plan. Optimism and realism are usually used as opposites in Armenia, the main task of us and the government in general is to make optimism and realism synonymous. In this sense, the Medium-Term Expenditure Plan is the most important tool to solve this problem.”