BREAKING NEWS: Armenian parliament passes 2014 budget

BREAKING NEWS: Armenian parliament passes 2014 budget

YEREVAN, December 12 . /ARKA/. Armenian parliament passed the government budget for 2014 at its Thursday's session.

Seventy deputies voted for and 40 against the budget document, one abstained from voting.

Consolidated budget revenues are 1 trillion 135 billion drams and expenditures 1 trillion 245 billion drams under Armenia’s 2014 budget. Tax and duty receipts are expected to stand at 1 trillion 93 billion 900 million drams in the year to come, which is 99.2 billion drams or 10% higher than this year.

Budget deficit is to reach 110 billion drams or 2.3% of the country’s GDP, current accounts deficit is expected at 8.6%. 

Under the budget passed, real GDP growth is 5.2%, average inflation 5.5%, 12-month inflation 4.5% and GDP deflator index 4.3%. –0—

12:58 12.12.2013

Comments (0)
 

« April 2014

Mon
Tue
Wed
Thu
Fri
Sat
Sun
 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
 
 
 
 
Username:
Password:

Registration
If you are new on the site, please fill out the registration form.

Enter the website you can use your account on any of the following services.

×