Ministry of Finance of the Republic of Armenia

06/28/2024 | Press release | Archived content

The government discussed the macroeconomic and fiscal framework of the Medium-Term Expenditure plan

The government discussed the macroeconomic and fiscal framework of the Medium-Term Expenditure plan

On June 28, a meeting was held under the leadership of Prime Minister Nikol Pashinyan, during which the macroeconomic and fiscal framework of the 2025-2027 Medium-Term Expenditure Plan was discussed.

The Armenian Minister of Finance, Vahe Hovhannisyan, provided an overview to government members covering revisions to nominal GDP, economic growth potential and associated risks, updates to the fiscal framework, financing needs and sources, foreign exchange flows, international reserves, and the spending plans for 2025-2027.

The participants of the consultation discussed the presented program and made observations on some issues.