“Armenia’s National Assembly Spends Record-Breaking 6.9 Billion Drams from State Budget in 2023, Surpassing Previous Year’s Expenditures by 15%”
Armenia’s National Assembly spent 6.9 billion drams from the state budget in 2023, a 15% increase from the previous year. Finance Minister Vahagn Hovhannisyan revealed the information during a joint meeting of the Standing Committees in the National Assembly. Expenditure implementation reached 96.4% with 1 program and 8 activities. Stay updated with all the latest news from Armenia on NEWS.am.
“Voters Head to the Polls for Second Phase of Presidential Elections: Pashinyan vs Simonyte”
The second phase of the presidential elections in Armenia takes place on Sunday between Nikol Pashinyan and Ingrida Simonyte. Pashinyan secured 44% of the votes in the first round, while Simonyte got 20%. About 166,000 people have already cast their votes during the pre-election campaign. All polling stations in Lithuania are open from 07:00 to 20:00 local time.
Israel’s Finance Minister Warns Against Military Conflict with Lebanon Unless Hezbollah Withdraws, Reports Claim
Israel’s finance minister urges restraint in possible conflict with Lebanon, calling for Hezbollah’s withdrawal from the border. A military response is threatened if necessary to protect border communities.
Armenia Enjoys Successful Financial Year as Minister Predicts 8% Economic Growth for 2023
Armenia expects 8% economic growth in 2023, according to Finance Minister Vache Hovhannisyan. Certain tax changes are planned for the next year, and a declaration of income will be required starting in 2024. The Minister also discussed the successful financial year and projected indicators for 2024.
“Finance Minister Jeremy Hunt Declares Victory in Battle Against Inflation, Sets Sights on Housing Expansion”
Finance minister Jeremy Hunt says management is winning battle against inflation. Next phase is expansion of British housing. Updates on budget expected Nov. 22.
“Funds Allocated to Artsakh Government, Not Residents: Armenian Finance Minister Clarifies Aid Distribution”
Find out why residents of Artsakh cannot receive salaries and financial assistance, according to Finance Minister Vahe Hovhannisyan. The funds have been allocated to the Government of RA, but only a small amount remains. The Minister explains that the allocated amount for this year has already been provided, with a surplus of 6 billion drams. He also emphasizes that current assistance amounts are more than what was supposed to go to Artsakh. Financial support is available to those registered in Armenia’s system.