A consultation was held in the Government under the leadership of Prime Minister Nikol Pashinyan, during which the preliminary landmark macroeconomic and fiscal framework of the medium-term expenditure plan for 2025-2027 was discussed.
In particular, reference was made to the economic developments in Armenia and the international arena and possible forecasts, according to economic activity, export and import dynamics, tourist visit trends, fiscal policy, the level of capital expenditures and the possibilities of its further expansion and other issues.
In this context, an earnest exchange of ideas took place, the heads of departments presented various observations and recommendations.
Summarizing, the Prime Minister referred to the targets of economic development for the current year and steps to achieve it. “We must first ensure 7 percent economic growth in 2024, which can be possible through our work. We must try to implement our projects related to capital construction with maximum quality and ensure great performance, higher than our average annual statistics. Here I would like to draw special attention to several programs. the renovation program must be continued, the program of providing 16 million AMD for housing construction in the border villages must be promoted, because that program is an opportunity for us to further move economic activity to the regions, because its effect is very significant. I want to draw our attention to health insurance because it was obvious to me when we made that decision that there was going to be a huge investment in health care, it couldn’t be any other way. And, in fact, the system is ready.” Nikol Pashinyan emphasized that the government should be able to achieve the target of 7 percent economic growth through its work.
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INFORMATION AND PUBLIC RELATIONS DEPARTMENT OF THE OFFICE OF THE PRIME MINISTER OF THE REPUBLIC OF ARMENIA
