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Tax and customs revenues in Armenia in Q1 amounted to 589.2 billion drams

03.04.2024, 13:16
Tax and customs revenues in Armenia amounted to 589.2 billion drams in the first quarter of 2024, the State Revenue Committee reported.
Tax and customs revenues in Armenia in Q1 amounted to  589.2 billion drams

YEREVAN, April 3. /ARKA/. Tax and customs revenues in Armenia amounted to 589.2 billion drams in the first quarter of 2024, the State Revenue Committee reported.

Of this amount, 88.6 billion drams were returned to taxpayers and individuals. As a result, net taxes and state duties amounted to 500.6 billion drams, which is 39.3 billion drams or 8.5% more than last year's figure for the same period.

The increase in tax revenues was mainly due to higher economic activity. ($1 - 390.99 drams)