Armenian government approves draft state budget for 2025, economic growth is planned at 5.6%

https://arka.am/en/news/economy/armenian_government_approves_draft_state_budget_for_2025_economic_growth_is_planned_at_5_6/

Posted by mojuba

5 Comments

  1. Just found some info on this year’s budget approved a year ago. The growth for 2024 was projected at 7%, let’s see how that pans out.

  2. deficit is fucking insanely high. They better show some crazy defense infrastructure next year to justify this insane spending.

  3. Lopsided_Praline_548 on

    $1.5Bn of budget deficit…

    In 6 years this government has increased the government debt by $6bn already and apparently it does not think of slowing down.

    In any normal country, the opposition (and every normal person) would be alarmed about this. Considering how ‘fragile’ our economic growth is Nikol is cooking up potentially massive problems.

  4. So many people here don’t understand how growth and debt go hand in hand for a growing economy that’s surging like Armenia has been for the last few years.