Armenian Premier and Ministries’ officials start discussing initial version of 2014 draft budget

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18.09.2013, 19:34

Today Armenian Prime Minister started discussing the initial version of the 2014 draft budget with representatives of ministries and other concerned persons, the press office of the government reports.

Armenian Premier and Ministries’ officials start discussing initial version of 2014 draft budget

YEREVAN, September 18. /ARKA/. Today Armenian Prime Minister started discussing the initial version of the 2014 draft budget with representatives of ministries and other concerned persons, the press office of the government reports.

After the discussion, which will last until September 26, a final version will be composed and sent to the National Assembly for approval.

The initial version of the 2014 consolidated budget was approved by the government on September 13.

In the 2014 draft consolidated government budget, revenue is planned at AMD 1.145 trillion and spending at AMD 1.273 trillion.

Tax and state duty revenue is expected to total AMD 1.103 trillion in 2014, and the deficit is projected at AMD 127.540 billion and GDP at AMD 4.724 trillion.

In the 2013 consolidated government budget, revenue was planned at AMD 1.033 trillion and spending at AMD 1.152 trillion.

Tax and state duty revenue was planned expected to total AMD 993.08 billion in 2013 – by AMD 118.7 billion more than the amount projected for 2012. The 2013 deficit is projected at AMD 119.7 billion or 2.6% of GDP. ($1 – AMD 408.74). --0--

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