Euromedia24 on Play Store Euromedia24 on App Sore
BNB

$870.47

BTC

$113082

ADA

$0.868816

ETH

$4608.63

SOL

$213.76

31 °

Yerevan

20 °

Moscow

45 °

Dubai

20 °

London

26 °

Beijing

23 °

Brussels

16 °

Rome

23 °

Madrid

BNB

$870.47

BTC

$113082

ADA

$0.868816

ETH

$4608.63

SOL

$213.76

31 °

Yerevan

20 °

Moscow

45 °

Dubai

20 °

London

26 °

Beijing

23 °

Brussels

16 °

Rome

23 °

Madrid

From the economic adventures of the great national philanthropist Nikol Pashinyan. Levon Zurabyan


ANC Vice-Chairman Levon Zurabyan considers Nikol Pashinyan's recent statement that "it is impossible for any family to spend more than the state budget" to be a deception miles away from economics.

He made a Facebook post with the title "From the economic adventures of the great national philanthropist Nikol Pashinyan".

"No family in the Republic of Armenia spends as much money for its needs as is spent for the needs of that same family from the state budget."

This idea was expressed very solemnly, in a special Facebook status, not by Gevorik of ANM, but by the Prime Minister of the Republic of Armenia, the head of the country, Nikol Pashinyan, therefore, it is not possible to bypass it just like that.

Only this post is enough for us to understand what cosmic level of ignorance and meanness we are dealing with in the face of our "leader". It is clear, isn't it, what he wants to say? his brilliant government does more for our families than we do for ourselves, so we must be eternally grateful to such a generous "honor".

Let's put aside the simple truth that the state budget is formed from the money earned by the families/citizens of the Republic of Armenia, that is, whatever the government spends for the needs of our families, it received those money from our families.

Let's also accept for a moment that any expenditure from the state budget, be it the financing of foreign business trips of state officials or the maintenance of their "padawats", is also made for the needs of our families.

Anyway, anyone with a basic knowledge of macroeconomics knows the following most basic formula: GDP = Government/State Budget/ Expenditure + Consumption + Aggregate Savings/Investment + Balance of Exports and Imports.

Since according to the data of 2023, the GDP is equal to 9.5 trillion drams, the gross accumulation is equal to 2 trillion drams, and the export and import balance is equal to -0.06 trillion drams, then we get that the total expenditure of all of us for the needs of ourselves and our families is is approximately 7 trillion drams, which is 2.8 times higher than the total expenditure of 2.5 trillion drams of the state budget.

In other words, even if we accept for a moment Pashinyan's distorted and immoral logic, according to which the government's spending is charity in order to meet the needs of our families, what he said is still a big deception, miles away from economics.

We have a leader who speaks this language, understands the economy and wants our best."

News

Netanyahu flew to Trump to get the green light
The Trump-Zelensky meeting has been postponed
Surenyan said how long the rainfall will continue in Yerevan
A powerful flare has been reported on the Sun
Debate: What to expect in 2026: Anahit Adamyan-Arman Ghukasyan (video)
Money will fall like snow on these signs. Volodina named those who will be the most successful in 2026
Lawyer Levon Baghdasaryan was awarded the "Guardian of Justice" award by "Euromedia24" (video)
Trump called on the Department of Justice to release documents related to the Epstein case and the names of "Democrats who cooperated" with him.
Health insurance has been introduced, but people do not know what they will do from January 1 (video)
Spertsyan reacted to being recognized as the best football player of the year in Armenia
The number of dead in the Gaza Strip exceeded 71 thousand
"Toyota Altezza" left the traffic lane and ended up in the trees
Important
One should not light a candle, cross oneself with one hand, and knock on the holy door of the Lord's house with the other
Russia has extended the ban on the export of gasoline and diesel fuel
There is a storm in the Vardenyats pass, Ani, Amasia regions. there are closed motorways
In the USA, they came up with an unfavorable forecast for Zelensky (video)
New Year 2026 traditions. How to welcome the Year of the Red Fire Horse to attract money
Niger's government has approved a draft general mobilization decree
The father of hero Mkhitar Galeyan, who died in the 44-day war, was released (video)
Trump-Zelensky meeting will take place on December 28 (video)

More News

...

Equatorial Guinea sent a letter to Putin expressing its willingness to host the Russia-Africa summit

In Armenia, inflation decreased by 0.6 percent in November

Precious metal prices have increased

The train loaded with Azerbaijani gasoline arrived at "Ayrum" station in Armenia

Currently, 1300 tons of A95 gasoline of Azerbaijani origin is crossing the Armenia-Georgia border.

The loss of 11.9 million drams caused to the state by the company engaged in the retail sale of construction materials has been recovered.

The National Assembly adopted the 2026 the draft budget

Russia has increased the supply of pork to Armenia

The euro has become more expensive. what changes did the currency market record on October 18?

Continuity of subsidy measures for the development of intensive horticulture will be ensured

VAT exemption for the import of electric cars is extended for another year

What exchange rates have been set for today, October 12

The citizen will not fill out a declaration if he has no income in addition to the financial data in the State Revenue Committee (video)

What exchange rates have been set for today, October 5

The deadlines for the certificates provided by the Republic of Nagorno-Karabakh to the Familiar Residential Program have been extended

The activity of the ice cream workshop has been suspended

Currency exchange rates today, August 16

The BTM has discovered 87 cases of illegal subsoil use and extracted volumes. More than 68 million drams damage was caused to the environment

The export permits were issued to 5 other flower producers. Satm

1775 trucks lifted in Armenian apricots have entered Russia from June 1 to July 13. Papoyan