YEREVAN, June 19 \u2014 \/AR\u041a\u0410\/. At a session on Thursday, the National Assembly of Armenia approved the annual report on the execution of the 2024 state budget.<\/p>\n\n\n\n
The country’s main financial document was adopted with 63 votes in favor and one abstention. Both opposition factions, Hayastan (Armenia) and I Have the Honor, left the meeting room before Prime Minister Nikol Pashinyan’s final speech on the 2024 budget, deciding not to participate in the vote.<\/p>\n\n\n\n
Budget indicators<\/p>\n\n\n\n
In 2024, Armenia recorded economic growth of 5.9%, which is 1.1 percentage points below the target. Armenia’s nominal GDP exceeded 10.127 trillion drams. GDP per capita increased by 4.7% compared to 2023, amounting to 3.34 million drams (approximately 9,000 US dollars).<\/p>\n\n\n\n
According to the Ministry of Finance of Armenia, the level of execution of the state budget amounted to 95.8% in terms of revenues and 93.9% in terms of expenditures. The revised figures amounted to revenues of over 2.72 trillion drams (approximately 6.9 billion US dollars) and expenditures of about 3.18 trillion drams.<\/p>\n\n\n\n
As of the end of 2024, the public debt amounted to about 5.093 trillion drams (approximately 12.8 billion US dollars), which corresponds to 48.3% of GDP.<\/p>\n\n\n\n
According to government forecasts, Armenia’s economic growth in the draft state budget for 2025 is set at 5.1%. (1 US dollar = 384.81 drams).-0-<\/p>\n","protected":false},"excerpt":{"rendered":"
At a session on Thursday, the National Assembly of Armenia approved the annual report on the execution of the 2024 state budget.<\/p>\n","protected":false},"author":5,"featured_media":261713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12315,12139,9216],"tags":[15837,12335],"class_list":{"0":"post-264664","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-announces","8":"category-economy-en","9":"category-news","10":"tag-armenia-2","11":"tag-budget"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/264664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=264664"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/264664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/261713"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=264664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=264664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=264664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}