Armenian prime minister considers it early to make radical
changes in budget
05-03-2009 22:00:00 | Armenia | Economy
YEREVAN, MARCH 5, NOYAN TAPAN. It is too early to speak
about radical changes in the budget of Armenia, prime minister
Tigran Sargsyan said on March 5, when a reporter asked him if
the budget will be recalculated because of the global financial
and economic crisis. He explained that the budget's flexibility
allows redistributing the expenditures by quarters, not making
some expenditures in the first quarters and deferring them to
the 4th quarter. In his words, if events develop by a more
optimistic scenario, there will no need for revision, while in
case of a pessimistic scenario, the government will address
budgetary problems.