Armenia to contribute $1.8 million to EEU’s 2016 budget

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Economy

26.10.2015, 14:51

Armenia’s contribution to the Eurasian Economic Union’s 2016 budget is 85.8 million Russian rubles (650.7 million Armenian drams or $1.38 million), the Eurasian Сommunications Сenter said today.

Armenia to contribute $1.8 million to EEU’s 2016 budget

YEREVAN, October 26. / ARKA /. Armenia’s contribution to the Eurasian Economic Union’s 2016 budget is 85.8 million Russian rubles (650.7 million Armenian drams or $1.38 million), the Eurasian Сommunications Сenter said today.

It said the Eurasian Economic Union’s 2016 budget calls for 7.734,627 billion Russian rubles in revenues and 7.734,627 billion rubles in spending.

Russia’s contributions to the 2016 budget is 6.599 billion rubles; Kazakhstan’s share is 549, 932 000 rubles; Belarus’ share is 352,699, 000 rubles; that of Kyrgyzstan is 146.957 million rubles and Armenia’s share is 85.854 million rubles.

The base salary for 2016 (in view of projected 7 % inflation) is 27,689 Russian rubles. -0-

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