YEREVAN — The National Assembly of the Republic of Armenia has approved the 2026 state budget. The draft was adopted with 62 votes in favor, 27 against, and 3 abstentions.
Earlier, during discussions at the National Assembly, Minister of Finance Vahe Hovhannisyan stated that the 2026 budget draft is based on the same macroeconomic forecasts as the preliminary version. These include a nominal GDP of 11.933 trillion drams, economic growth of 5.4 percent, and a debt-to-GDP ratio of 52.9 percent.
State budget revenues are projected at 3.091 trillion drams.
The budget deficit has been maintained at 4.5 percent of GDP, amounting to 536.8 billion drams.
YEREVAN -- A formal ceremony honoring Dr. Yeghig Jerejian was held during the 23rd Congress…
NEW YORK -- Prime Minister Nikol Pashinyan met in New York with members of the…
YEREVAN -- A report addressing what it describes as a crisis within the Armenian Apostolic…
NEW YORK -- Prime Minister Nikol Pashinyan and Iranian President Masoud Pezeshkian discussed bilateral trade…
NEW YORK -- The Trump administration organized a special event in New York aimed at…
YEREVAN -- The issue of discussions concerning the Russian military base in Armenia was placed…