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Economy Finance Government

Armenia’s State Budget Deficit Hits 2% of GDP, State Debt Rises to 48.1%: National Assembly Reveals

Armenia’s 2023 state budget deficit reaches 2% of GDP, with state debt accounting for 48.1% of GDP, according to the National Assembly. Minister of Finance Vahagn Hovhannisyan reports positive economic growth and additional revenues. More on NEWS.am.

Government Military Politics

“US Government Greenlights $1.2 Trillion Defense Budget Amid Controversial Inspector Cutbacks; Senate Set to Weigh In”

US government approves $1.2 trillion financial plan for defense administration. Congressmen close work of certain inspectors, and decision heads to Senate. Plan includes $300 million aid to Ukraine and $3.3 billion support to Israel. President Biden signs financing plan, with approval required by March 22. News from Armenia.