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During the debate on the 2027 budget, the head of the "Strong Armenia" faction, Narek Karaftyan, asked Finance Minister Va Ha Hovanisyan a direct question: Armenia's balance of payments is in deficit - more money leaves the country than comes from exports. How is this gap closed? The minister's response: the deficit increased due to "a significant increase in the import of capital goods and intermediate goods". They say we are importing something that "increases our production capabilities". That is, to the question "How do you close the hole", the minister answered: "The hole is growing because we are importing more". But he never said by what measures the difference is covered. But it depends on how the year ends: new debts, new loans or a new round of devaluations.

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Хроники Армении · · Source

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During the debate on the 2027 budget, the head of the "Strong Armenia" faction, Narek Karaftyan, asked Finance Minister Va Ha Hovanisyan a direct question: Armenia's balance of payments is in deficit - more money leaves the country than comes from exports. How is this gap closed? The minister's response: the deficit increased due to "a significant increase in the import of capital goods and intermediate goods". They say we are importing something that "increases our production capabilities". That is, to the question "How do you close the hole", the minister answered: "The hole is growing because we are importing more". But he never said by what measures the difference is covered. But it depends on how the year ends: new debts, new loans or a new round of devaluations.

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