Prime Minister's Office Budget to Decrease by 34.5 Percent, Says Finance Minister

According to the draft law on the state budget for 2022, there is one program planned for the Office of the President of Armenia, which includes two measures. The proposed funding amounts to 1 billion 602.5 million drams, while the approved budget for 2021 allocated 1 billion 601.2 million drams, stated Minister of Finance Tigran Khachatryan during a joint meeting of the Standing Committees on State and Legal Affairs, and Financial-Credit and Budgetary Issues of the National Assembly.

“The funding is almost at the same level as what was planned for the year 2021,” the minister noted. According to Khachatryan, the amount of expenses planned in the 2022 state budget of the National Assembly should finance one program that includes five measures. The proposed funding for the project amounts to 5 billion 992 million drams, compared to 6 billion 90 million drams from the approved budget for 2021.

“The budget is almost unchanged,” the minister stated. The Prime Minister's Office will implement 11 programs during the year 2022, two of which are related to the diaspora. These 11 programs include 45 measures. “We have 11 programs that will finance expenses of 19 billion 675 million drams in the draft state budget for 2022, compared to 30 billion 24 million drams allocated in the approved budget for 2021,” the minister reported.

He noted that there is a decrease of 34.5%. “This is partly due to the fact that many programs and the measures included in them, which were carried out by the Prime Minister's Office in the previous year, will need to be carried out by other agencies, particularly by the Ministry of High-Tech Industry, in 2022,” Khachatryan stated.