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News - Armenia PM: We must ensure 7% economic growth in 2024

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Armenia PM: We must ensure 7% economic growth in 2024

by Lilit Feb. 15, 2024

A consultation was held in the government, under the chairmanship of Prime Minister Nikol Pashinyan, during which the preliminary benchmark macroeconomic and fiscal framework of Armenia’s medium-term expenditure plan for 2025-2027 was discussed. In particular, reference was made to the current economic developments in Armenia and the international arena and possible forecasts, in accordance with the economic activity of the sectors, the dynamics of exports and imports, the trends of tourist visits, the fiscal policy, the level of capital expenditure, the possibilities of its further expansion, and some other matters. And in conclusion, the PM reflected on the targets and steps of the country’s economic development in the current year. "We must first ensure 7 percent economic growth in 2024. On the account of what? On the account of our work," Pashinyan said, in particular.

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