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Pashinyan names 5 concepts that form the basis of Real Armenia's state budget

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YEREVAN, 28 October. /ARKA/. Addressing the lawmakers today who convened to discuss the government’s budget for 2025 Armenian Prime Minister Nikol Pashinyan said the budget was drafted based on a set of concepts, such as/pp

- Armenia is my hearth, the people are my family/pp

- Get rich and enrich others/pp

- The future of Armenia depends on one person, and that is you/pp

- The homeland is the country, you love the homeland , strengthen the country./pp

- Homeland is here, bread and life are here./pp

According to him, these concepts are not just the basis of the next year's budget, but should be put in the basis of the budget planning as a whole./pp

The draft budget for 2025 approved by the Armenian government at the end of September 2024, calls for 2 trillion 873 billion drams in revenue and 3 trillion 482 billion drams in spending./pp

The projected deficit is 609 billion drams. Economic growth is planned at 5.6%, average inflation -at 3.5%, and the ratio of government debt to GDP -at 53.5%. ($1 - 387.25 drams).-0-/p

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