Pashinyan clarifies where Armenia`s state treasury funds are going
"The year 2025 is the first calendar year since Armenia's independence in which there were no casualties or injuries as a result of gunfire between Armenia and Azerbaijan. Peace between Armenia and Azerbaijan was established on August 8, 2025. Then year 2025 is also the first year since independence in which emigration of Armenian citizens was replaced by immigration. A high economic growth of 7.2% was recorded, resulting in an average annual GDP growth of 7.9% in 2021-2025," Pashinyan said in a video address on his Facebook page.
The Prime Minister mentioned that the government had promised to ensure average annual economic growth of 7%. Meanwhile, according to the document, as a result, average annual GDP growth in 2021- 2025 amounted to 7.9%. In 2025, state budget revenues increased by 135% compared to 2017. However, Pashinyan noted, one might wonder where those revenues went and what happened to it. "Here is what happened: today in Armenia, there are teachers earning a salary of 700,000 drams, soldiers - 700,000 drams or more, and funding for healthcare, education, and science has increased significantly. In the field of science, salaries have increased by up to 300%," Pashinyan said.
It should be noted that, according to the report adopted today, Armenia's per capita GDP in 2025 amounted to 3,666,540 drams or $9,474. This represents a 10.7% increase in dollar terms compared to the previous year and a twofold increase compared to 2021. Furthermore, compared to 2017, this figure increased by $5,605, or approximately 2.5 times. By the end of 2025, state budget revenues amounted to 2 trillion 886.5 billion drams, which is approximately 307.3 billion drams or 11.9% more than in the previous year. Thus, the program established by the Government of the Republic of Armenia was implemented at 101.3%, which is 5.5 percentage points higher than the previous year. In total, tax revenues and state duties amounted to 2 trillion 725.2 billion drams, representing 100.3% of the planned budget fulfillment and an increase of 7.6 percentage points compared to the previous year. In 2025, tax revenues and state duties of the state budget increased by approximately 14% or an increase of 334.3 billion drams, compared to the previous year.
State budget expenditures in 2025 amounted to 3 trillion 305.3 billion drams, an increase of 11.8%, or 350 billion drams, compared to 2024. Expenditure plan fulfillment under the revised program was 95.8%, an improvement of approximately 2 percentage points compared to the previous year. Compared to the previous year, capital expenditures increased by 144.8 billion drams, or 26%, totaling over 702.5 billion drams. In 2025, capital expenditures under the revised program amounted to 89.6%, an improvement of 4.9 percentage points compared to the previous year.