PRESIDENT SERZH SARKISIAN SIGNS INTO LAW 2010 BUDGET BILL

ARKA
December 25, 2009
Yerevan

YEREVAN, December 25, /ARKA/. Armenian president Serzh Sarkisian signed
today into law the bill on 2010 government budget, the presidential
press service reported.

The bill was passed by Armenian parliament on December 10. It
calls for 742 billion Drams of revenues and 935 billion Drams of
expenditures. The budget deficit is projected at 193.4 billion Drams.

The government expects the economy to grow 1.2% next year and the
inflation to be between 2.5%-5.5%.