Wednesday, September 28 2022 20:29
Naira Badalian

Armenian government discuss draft budget for 2023

Armenian government discuss draft budget for 2023

ArmInfo. RA Prime Minister Nikol Pashinyan chaired a consultation at the government on the macroeconomic, fiscal and expenditure framework of the 2023 draft  state budget, the Prime Minister's press service reports.

Minister of Finance Tigran Khachatryan delivered a report, noting  that the 2023 draft state budget was formed based on the security,  economic and social priorities defined by the 2021-2026 Government  Action Plan. The minister referred to the forecasts of macroeconomic  indicators and fiscal policy, presented details of the sectoral  expenditures and the amount proposed to be allocated to the  departments.

An exchange of ideas was held on the draft, a number of issues  related to the capital and current expenditures defined by the  Government's Action Plan, and new initiatives were discussed.

The Prime Minister instructed the heads of state departments to  continue to focus on the proper execution of capital expenditures and  the process of announcing tenders.