YEREVAN. – The Armenian government confirmed the program of medium-term government expenditures for 2016-2018 during the session on Wednesday.

“There were numerous proposals, a part of them is adopted, the rest will be considered during the debates on the 2016 budget,” Prime Minister Hovik Abrahamyan said.

Finance Minister Gagik Khachatryan said that the program for 2015 provided growth of 1%, real annual GDP growth for 2016 – 2018 will make 2.04%, 3.54% and 4% respectively. According to theMminister, the fixed trends and patterns of economic development, as well as the expectations and analysis of the situation in the world economy served as a basis for medium-term forecasts.