YEREVAN, October 30. / ARKA /. Armenia’s nature protection ministry is set to receive 2.223 billion drams in government funding next year, by 28.6 percent more than in 2013, deputy finance minister Pavel Safaryan told a parliament discussion on next year’s budget today.
He said the rise is prompted by higher salaries of the ministry staff. The deputy minister singled out a set of projects designed for projection of Armenia’s largest Lake Sevan.
The government plans to collect next year 1. 134 trillion drams in revenue and spend 1.244 trillion drams. The projected deficit is 110 billion drams. The GDP is projected to grow by 5.2 % and the 12-month inflation rate is planned at 4 % (± 1.5%) ($ 1 - 405.76 drams). -0-