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Opposition: Pashinyan buries Armenia under the yoke of state debt

16 November 2023 15:12

Arthur Khachatryan, a member of Kocharyan's Armenia faction, during the discussion of Armenia's draft budget for 2024 at the parliamentary session, said that this budget does not envisage any significant structural reforms, and the statements of the government members are manipulative.

He was referring to the economic reform programme of the country's government, Caliber.Az reports.

"In the first three quarters, 26,000 citizens left Armenia. It means that our citizens either don't believe in the economic miracle or don't believe that we have entered an era of peace. Otherwise, why should people leave their homes?

As for the national debt, I'd like to note that the government plans to increase the national debt to about $12 billion in 2024. We have never been buried under such a debt. If that debt was a debt for business development, a debt for the development of specific targeted infrastructure projects, I would say that's fine. All over the world, debt is a driver of economic growth. But these loans are taken to support the budget. Everything is clear, there is simply no money to cover the expenditures of the first necessities," the MP said.

Caliber.Az
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