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Armenia finance ministry wants to contribute to economic growth

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Armenia finance ministry wants to contribute to economic growth

YEREVAN. – If new funds appear in the budget of Armenia, the finance ministry will direct them to capital expenditures, said Minister of Finance Vardan Aramyan, at Thursday’s Cabinet session of the government.

In his words, the 3.2-percent economic growth, which is projected for the current year, is not enough for the government.

As per Aramyan, a $98mn loan can be taken this year, but this will reflect on the national debt and deficit, ...

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