Pashinyan Administration’s 2023 government budget approved by parliament

YEREVAN, DECEMBER 8, ARMENPRESS. The 2023 state budget submitted by the Pashinyan Administration was approved in parliament with 66 votes in favor and 28 against.

The 2023 budget projects 2 trillion 591 billion drams in spending and 2 trillion 302 billion drams in revenues. Tax revenues are projected at 2 trillion 203,7 billion drams. The deficit is projected at 289 billion drams.

The government projects 7% economic growth next year.