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2.11.2022

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02.11.2022
Speech by RA Prime Minister at Joint Sitting of NA Standing Committees: According to January-September data, the indicator of economic activity was 14.1%
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“Today, the economy of the Republic of Armenia is experiencing a boom. According to January-September data, the indicator of economic activity was 14.1%. This is very important indicator,” the RA Prime Minister Nikol Pashinyan said during the debates of the state budget for 2023 at the joint sitting of the NA Standing Committees on Financial-Credit and Budgetary Affairs and on State and Legal Affairs on November 2.

“It is important to note that this pace gives us the opportunity so that with the results of 2022 we will, in fact, consider the economic difficulties caused by the pandemic and war in 2020 overcome and restore the rate of our economic development, which is extremely important. In other words, we only have an opportunity this year in terms of the economy, and we will use that opportunity to return to the pace of 2019,” the Prime Minister noted.

Nikol Pashinyan informed that Armenia took the 11th place among 100 countries in the index of economic freedom, essentially improving its situation several times.

“When this indicator was published, many of our opponents were smiling and grinning, to say the least. They said that Armenia ranks 11th in the world and has progressed only because the indicators of economic freedom of many countries have significantly decreased and are declining due to the bad management of the coronavirus pandemic. It turns out that many more developed countries than ours managed the coronavirus pandemic so badly that their ranking and their economic environment either collapsed or deteriorated,” he emphasized.

Referring to the budget revenues, the head of the executive body reminded that their political power made promises of fundamental importance during the revolution, and he personally promised that they would increase the budget revenues by 35-40% within 1-2 years. According to the Prime Minister, that promise was fully fulfilled. “Based on the results of 2022, we expect that the tax revenues of the budget will exceed the 2018 indicator by 662 billion AMD or 1.6 billion USD. This will exceed the same 2018 indicator by 52.6%. In other words, we have already increased the revenue part of the budget during our activities in 2022 by 52% compared to 2018. Tax revenues for 2023 are planned to be 2 trillion 203.7 billion AMD, which is more than the tax revenues of the 2018 state budget by 946 billion AMD or 75.1%. So, let’s record that 4 years after the revolution, we will increase the budget revenues by 75%. It is the planned that we have to implement. We expect that the budget of the current year will be exceeded by about 80 billion AMD,” he underlined.

Referring to the job index of the last 4 years, Nikol Pashinyan informed that there is a record of registered jobs in Armenia according to the data of October. “There are 691 thousand registered and payable jobs in the Republic of Armenia. We are talking about the jobs where we know that specific people work by name, receive a salary and pay income tax. If we record this indicator, we should say that the number of jobs in October 2022 is 143 thousand more than in May 2018, and compared to September 2018, the number of jobs is 108 thousand more. The Government created 143 thousand new jobs during 4 years and 4 months,” the Prime Minister said.


02.11.2022
More Than 70 Million AMD is Designed to Allocate in 2023 to RA Human Rights Defender
612 million 307.000 AMD will be allocated by the draft law on the RA State Budget for 2023 to Staff of the Human Rights Defender (HRD). The sum of expecting costs of this year is 542 million 400.000 AMD, and in 2021 the factual expenditures were 531 million 272.000 AMD. One programme with five measu...

02.11.2022
Vahan Naribekyan Presents Budgetary Allocations and Measures to Be Implemented for 2023
Reductions were made in the budgetary bid of the RA National Assembly for 2023. The NA Chief of Staff, Secretary General Vahan Naribekyan informed about this at the joint sitting of the Standing Committees on State and Legal Affairs and on Financial-Credit and Budgetary Affairs on November 2, presen...

02.11.2022
NA Standing Committees Continue Budgetary Debates
At the joint sitting of the Standing Committees on State and Legal Affairs and on Financial-Credit and Budgetary Affairs the debates of the state budget for 2023 continued.The Deputy Chief of the Staff to the RA President, the Acting Chief of the Staff Khachatur Poghosyan presented the programmes to...

02.11.2022
Session of CSTO PA Permanent Commission on Political Affairs and International Cooperation Held
On November 2, in the National Assembly the visiting session of the Standing Commission of the Collective Security Treaty Organization (CSTO) Parliamentary Assembly on Political Affairs and International Cooperation took place.The RA President Alen Simonyan opened the meeting of the session. Welcomi...

02.11.2022
Allocations for Government, State and Judicial Bodies, State Control and Corruption Prevention Presented
On November 2, the debate of the draft law on RA State Budget for 2023 continued at the joint sitting of the Standing Committees on State and Legal Affairs and on Financial-Credit and Budgetary Affairs of the RA National Assembly. The financial allocations for the RA Government, state and judicial b...

02.11.2022
Arayik Harutyunyan Presents 2023 Budget Application of Prime Minister’s Office: We try to improve the budget quality year by year by giving up inefficient expenditures
“The budget allocation of the RA Prime Minister’s Office has been reduced for 2023,” the Chief of Staff to the Prime Minister Arayik Harutyunyan said, presenting the budget application of the Prime Minister’s Office for 2023. “We try to improve the budget quality year by year by giving up inefficien...



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