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Economist: Draft budget has been created in a complicated political situation (video)
According to economist Movses Aristakesyan, the draft budget for 2019 has been created in a complicated political situation. "The documents that were adopted by the former authorities were important, the current authorities are obliged to follow them." According to him, this budget should be regarded as a logical continuation of the 2018 budget. "The political situation and the sabotage of the former cadre disturb the changes." According to Movses Aristakesyan, the reduction of the deficit is positive. "It is expected that next year's deficit will be 2.5%, due to debt repayment, the debt of the former authorities has remained on the 'shoulders' of the current government. The economist also emphasizes the increase of social spending.
