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    Categories: 2018

Armenian government upholds draft government budget for 2019

ARKA, Armenia
Sept 27 2018

YEREVAN, September 27. /ARKA/. The Armenian government upheld Thursday the draft government budget for 2019.

The budget revenue is projected here at AMD 1.5 trillion, spending at AMD 1.6 trillion, economic growth at 4.9% and inflation at 2.7%.  

On Monday, the budget will be sent to the National Assembly. 

For comparison, the 2018 government budget revenue was planned at AMD 1 trillion 208 billion and spending at AMD 1 trillion 307 billion. Deficit was projected at 156.9 billion, economic growth at 4.5% and inflation at 4% (±1.5%). ($1 – AMD 480.37). -0— 

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS