• In 2022, the state budget deficit was AMD 179.5 billion, 44% less than in 2021 and 24% less than the government’s initial plan.
  • In 2022, the state budget deficit was 2.1% of the country’s GDP, compared with the 2022 3% prediction and 4.6% in 2021. This indicator shows how big the burden of the state budget deficit is on the economy and a lower indicator is considered a more positive result.
  • In 2022, the deficit was completely financed from domestic sources. Moreover, the financing of the state budget from internal funds has increased in recent years. If in 2018, 66% of the state budget deficit was financed from RA domestic sources, and in 2021 – 32%, then the 2022 deficit was completely financed from domestic resources.

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