December 10, Armenia’s 2010 draft budget was approved by RA Parliament.
The budget was adopted with a vote of 82 for, 16 against and 1 abstention. MPs of oppositional Heritage and Dashnaktsutyun factions voted against the document.
The budget revenue will total 742bn AMD, expenditures — 935.5bn AMD, while deficit — 193.4bn AMD. Budgeted economic growth will reach 1.2%, whereas inflation — 4± 1.5%.
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