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Time in Yerevan: 11:07,   28 March 2024

‘We plan to have ambitious growth of own revenues’, says PM Karapetyan

‘We plan to have ambitious growth of own revenues’, says PM Karapetyan

YEREVAN, JULY 6, ARMENPRESS. Armenia’s Government plans to have an ambitious growth of own revenues in 2017-2022, Prime Minister Karen Karapetyan said at the Cabinet meeting, reports Armenpress.

“We expect quite ambitious growth of own revenues, a very tough expenditures management”, he said.

The PM tasked the Cabinet members to direct the savings for programs ensuing economic growth. “We set up quite difficult performance indicators over taxes-GDP ratio, stability of our foreign debt, we all need to carry out a maximally coordinated work towards the deficit”, the PM stated.

The Government has approved the 2018-2020 state medium-term expenditure program. The program will serve basis for the development of the 2018 state budget draft.








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