“Armenian Government’s Budget Raises Concerns Over Inflation and Social Assistance Deficiencies”

Next year, Armenian government budget revenues projected to be 2.67 trillion drams or 25.5% of GDP. Expenditures expected to be 3.017 trillion drams, resulting in a projected budget deficit of 48.4%. Article stresses need to increase social assistance and improve transparency in implementation of programs. Without these measures, social vulnerability will continue to worsen.