13.5 bln drams to be pumped into Armenia’s state budget
11.07.2008,
03:23
Armenia’s Government has made a decision to bolster the state budget by 13.5bln drams ($44.4mln). RA Minister of Finance Tigran Davtyan said the state budget had increased by 13.5bln drams by June 1 thanks to tax proceeds.
YEREVAN, July 10. /ARKA/. Armenia’s Government has made a decision to bolster the state budget by 13.5bln drams ($44.4mln). RA Minister of Finance Tigran Davtyan said the state budget had increased by 13.5bln drams by June 1 thanks to tax proceeds.
“Budget expenditures will rise thanks to a 0.8bln ($2.6mln) drams rise of tax proceeds from the RA State Tax Service and 12.7bln drams ($41.8mln) growth of the RA Customs Committee’s receipts,” the Minister said.
The RA Parliament enacted law on the RA state budget in November 2007. The budget revenue and expenditures total 746bln drams and 822bln drams respectively, with the deficit being 76bln drams.
The RA Government forecasts 4% (±1.5%) inflation and 10% GDP growth this year. ($1 – 302.62 drams)–0--
“Budget expenditures will rise thanks to a 0.8bln ($2.6mln) drams rise of tax proceeds from the RA State Tax Service and 12.7bln drams ($41.8mln) growth of the RA Customs Committee’s receipts,” the Minister said.
The RA Parliament enacted law on the RA state budget in November 2007. The budget revenue and expenditures total 746bln drams and 822bln drams respectively, with the deficit being 76bln drams.
The RA Government forecasts 4% (±1.5%) inflation and 10% GDP growth this year. ($1 – 302.62 drams)–0--
