Armenia’s four parliamentary factions to vote against 2013 budget draft
16.11.2012,
11:35
Armenia’s oppositional political parties, such as Heritage, the Armenian National Congress, ARF Dashnaktsutyun, and a party defining itself as alternative, Prosperous Armenia, declared Thursday they would vote against the 2013 state budget draft.
YEREVAN, November 16. /ARKA/. Armenia’s oppositional political parties, such as Heritage, the Armenian National Congress, ARF Dashnaktsutyun, and a party defining itself as alternative, Prosperous Armenia, declared Thursday they would vote against the 2013 state budget draft.
Armenia’s parliament finished evaluating the 2013 budget draft Thursday. Vote on the draft will be held not earlier than four days later after the end of evaluation. Within 24 hours the deputies are still allowed to present their written proposals.
Republican Party (69 seats in 131-seat parliament) and Orinats Yerkir (6 seats) factions said they would vote for the budget draft.
Armenia’s 131-seat parliament has six political factions: the ruling Republican Party of Armenia-RPA (69 seats), Prosperous Armenia (37 seats), Orinats Yerkir, coalitional with RPA, (6 seats), and the oppositional Armenian National Congress (7 seats), ARF Dashnaktsutyun and Heritage (5 seats each).
The revenues of the consolidated budget are supposed to account 1 trillion 31 billion, the expenditures- 1 trillion 151 billion drams, and the deficit- 120 billion drams or 2.6% of the GDP. Revenues from taxes and duties are anticipated at 992.9 billion drams, which is 118.6 billion more from 2012. The rate of a twelve-month inflation is projected at 4±1,5%, and GDP growth- 6.2%.($1 – 407.71 drams).—0-
