Based on the draft of the 2021 State Budget, incomes are envisaged at the level of AMD 1,569,006,000,000 and expenses are envisaged at the level of AMD 1,843,100,000 in case of an AMD 274,000,000,000 deficit. This is what Minister of Finance of Armenia Atom Janjughazyan said during today’s discussion on the draft of the 2021 State Budget in parliament.

Moreover, there will be 4.8% economic growth, and inflation will be 4% (+1.5%).

“Next year, Armenia plans to collect AMD 1,300,000,000,000 in taxes and duties which is significantly more than the indicator of the current year,” the minister said.