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Parliament turns down opposition proposals
The amendments to the 2011 state budget envisage expenditures of about 1.1 trillion drams, Minister of Finance Tigran Davtyan said in the National Assembly on December 8.
Earlier, Armenian law-makers held long-lasting discussions over the draft budget. According to the minister, 216 out of the 626 proposals received from NA factions and freelance deputies were adopted by the RA government. Others were turned down due to lack of finances.
The amended budget envisages AMD 1.1 trillion expenditures and AMD 852 billion incomes, the finance minister said. The deficit makes AMD 148,6 billion (3,9% of the GDP).
Minister Tigran Davtyan labeled the 2011 state budget as a "balanced and realistic" document.
