1 minute read
The Armenian government approved the draft 2027 state budget at a Cabinet meeting on October 1. The bill will next be submitted to parliament for consideration.
The 2027 state budget bill envisions revenues of 3 trillion 603.8 billion drams, expenditures of 4 trillion 72 billion drams, and a deficit of 468.2 billion drams.
Of the revenues, around 3 trillion 462.7 billion drams is expected to come from tax revenues and state duties. Official grants will amount to around 14.2 billion drams, while other revenues will amount to 126.9 billion drams.
According to the draft, the budget deficit is planned to be financed by domestic sources in the amount of around 187.5 billion drams and external sources in the amount of around 280.7 billion drams.