YEREVAN. – Armenian budget expenditures for 2014 show an economic decline, economist Ashot Yeghiazaryan said commenting on the draft state budget for 2013.

“Armenia’s state budget revenues are set at 1trillion 127 billion drams, expenses at 1 trillion 270 billion. Budget deficit is projected to be around 110 billion drams, or about 3 percent of GDP,” he said during the Wednesday media conference.

At the same time, he added, if the previously projected economic growth made 6.3 percent,  the present draft budget suggests 5.2-percent growth.

“So, the Armenian government is concerned over fulfilling of the budget,” he resumed.