  Parliament approves Armenia's budget for 2020 December 6, 2019 - 13:17 AMT PanARMENIAN.Net - The National Assembly on Friday, December 6 approved Armenia's budget for 2020, with 77 lawmakers voting in favor and 37 against. The budget predicts a growth of 4.9% for the coming year, while deficit is projected at AMD 160.7 billion. According to the draft law, revenues amount to AMD 1.69 trillion, while expenditures total AMD 1.85 trillion. Ahead of the vote on Friday, Prime Minister Nikol Pashinyan said that Armenia has purchased “unprecedented amount of weapons and ammunition”. The PM described the budget as revolutionary.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Protesters rally as Georgia debates 'foreign agent' bill  Georgian critics label the bill "the Russian law", comparing it to legislation used by the Kremlin to crack down on dissent.Former Pashinyan envoy urges end to Genocide speculation Marukyan has urged authorities in Armenia stop discussions about verifying the names of 1.5 million victims.Azerbaijan, Jordan sign deal on defense cooperation Azerbaijan and Jordan have signed an agreement on cooperation in the field of defense, according to an official statement.First Canadian expert join EU mission in Armenia The first Canadian expert to join the European Union’s civilian mission in Armenia has arrived in Armenia. |
