Adjustments to Armenia's Tax and Budget Policy in Light of Unforeseen Expenses
Armenia's tax and budget policy is expected to undergo modifications due to unforeseen expenditures, as indicated by Minister of Economy Vahan Kerobyan in an interview with CivilNet.
Kerobyan cited the government's initiative to subsidize fertilizer prices by 50% utilizing funds from the Reserve Fund, in response to rising costs. He emphasized that this situation necessitates the identification of additional financial instruments.
Moreover, he mentioned an upcoming initiative concerning railway and ferry services, which will also entail associated costs.
Kerobyan cited the government's initiative to subsidize fertilizer prices by 50% utilizing funds from the Reserve Fund, in response to rising costs. He emphasized that this situation necessitates the identification of additional financial instruments.
Moreover, he mentioned an upcoming initiative concerning railway and ferry services, which will also entail associated costs.