Photo: armenpress.am
Armenia's Finance Minister Reveals Ambitious 3-Year Capital Investment Strategy
Armenias Finance Minister unveiled a bold three-year capital investment strategy, significantly boosting funding to the economic and social sectors, driving growth and development in the nation.
- Finance Minister Vahe Hovhannisyan announced that capital expenditures in Armenia will reach 704 billion drams in 2026, increasing by over 22% from the previous years budget.
- The capital investments in Armenia will represent 3.4% of the countrys GDP in 2026, with projections of 719 billion drams in 2027 and 803 billion drams in 2028.
- During a parliamentary debate in Yerevan, Hovhannisyan emphasized the strategic importance of these investments for the economic development and social welfare of Armenia.
Por Qué Es Relevante
This ambitious investment strategy is crucial for Armenia as it aims to enhance economic stability and growth, addressing critical needs in social infrastructure and potentially attracting further investment and development.