Armenian opposition parties fail to hinder passing of budget

Armenian opposition parties fail to hinder passing of budget

 

71 Armenian MPs voted for passing the budget for 2013 and 37 voted against, News Armenia reports.

Tigran Urikhanyan of the Prosperous Armenia Party and former Prime Minister Grant Bagratyan of the Armenian National Congress say that the budget does not improve the life of Armenians. Bagratyan added that the income part of the budget had not been discussed by the parliament.

Budget income and expenses increased by $3 million to $2.5 billion and $2.8 billion respectively with a deficit of $300 million. The parliament proposed 406 changes to the budget for 2014.

The legislatives proposed increasing income of the budget by $340 million and expenses by $1 billion. Official grants were to become the main source of income. The highest increase of expenses by $3.7 million will target improvement of accommodation for families of killed soldiers. Other expenses dropped by $3.2 million.

 

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