ArmInfo. At its October 1 meeting, the RA Government approved the draft law "On the 2027 State Budget," which will be submitted to the National Assembly in accordance with established procedure.
The rationale for the draft budget states that the draft budget envisages state budget revenues for 2027 at 3 trillion 603.8 billion drams, expenditures at 4 trillion 72 billion drams, and a deficit of 468.2 billion drams. Approximately 3 trillion 462.7 billion drams of revenue is planned to be generated from taxes and state duties. State subsidies will amount to approximately 14.2 billion drams, while other revenues will amount to 126.9 billion drams.
According to the draft, the budget deficit is planned to be financed from domestic sources in the amount of approximately 187.5 billion drams and from external sources in the amount of approximately 280.7 billion drams.
Within the Central Bank's authority, monetary policy decisions during 2027 should be
guided by a 12-month inflation target of 3 percent within an acceptable range of +1.0 percentage points.
