ArmInfo.About 425 million drams will be allocated from the state budget of Armenia for the foreign trips of the President of Armenia in 2022 (about 8.6 million US dollars, 1 dollar is equal to 493.6 drams). This is stated in the draft law "On the state budget of the Republic of Armenia for 2022".
As Minister of Finance of Armenia Tigran Khachatryan said on November 3 at the preliminary discussions of the state budget at the joint meeting of the NA Standing Committees, next year, for the implementation of 1 program and two events, the RA President's Office will be allocated 1 billion 602.5 million AMD from the state treasury (in 2021, 1 billion 601.2 million drams).
It should be noted that according to the budget project for 2022, the revenues of the state treasury of Armenia, compared with the approved state budget for 2021, will increase by about 437 billion drams, or 28.9%, expenses - by 18.2% or 337.5 billion drams. Thus, expenditures will reach 2 trillion 188.4 billion drams, of which 1 trillion 841.9 billion drams or 23.4% of GDP will be directed to cover current expenses. The GDP deflator will grow by 4.6% (6.8% at the end of 2021), 12-month inflation - 5.2% (7.4% is expected by the end of this year), and average inflation will reach in 2022 5.6% (7% expected in 2021).
