The Economic growth in Armenia in 2021 is forecasted at 3.2%. The RA Minister of Finance Atom Janjughazyan said this during the discussion of the next year's draft budget in the parliament.
"There are risks that need to be taken advantage of, but not allowed them to happen. The mentioned 3.2% indicator is difficult to reach and requires hard work", the minister said.
According to Janjughazyan, 2021 will be an exceptional year from the point of view of fiscal policy, as, according to him, it is not known when the economy will recover. He said that next year we will have a deficit of 5.3% of GDP, this year the deficit will exceed 7%.
The Minister informed that the expenses of the 2021 budget are envisaged at 1 trillion 850 billion drams.
