In the first quarter, 566.5 billion drams of taxes and duties were transferred to the state budget of Armenia, an increase of 13.2%

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Economy

01.04.2025, 16:38

The State Revenue Committee collected a total of 566.5 billion drams in taxes and state duties during the first quarter of 2025.

In the first quarter, 566.5 billion drams of taxes and duties were transferred to the state budget of Armenia, an increase of 13.2%

YEREVAN, April 1. /ARKA/. The State Revenue Committee collected a total of 566.5 billion drams in taxes and state duties during the first quarter of 2025.

According to the department's press service, this represents a 13.2% increase compared to the first quarter of 2024, when the budget received 500.6 billion drams.

At the same time, the volume of payments exceeded the budgeted figure for the first quarter of this year by 0.6% and was 0.5% higher than the revised forecast. (Exchange rate: $1 = 391.57 drams)

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