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16.954 Bln. AMD Budget Surplus Recorded In Armenia In Jan-May 2008

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  • 16.954 Bln. AMD Budget Surplus Recorded In Armenia In Jan-May 2008

    16.954 BLN. AMD BUDGET SURPLUS RECORDED IN ARMENIA IN JAN-MAY 2008

    ARKA
    June 28

    In January-May 2008, a 16,954.6 bln AMD budget surplus was recorded
    in Armenia - 1.7% of GDP. The RA Statistical Service reports that a
    7,243.5mln AMD budget surplus was recorded due to the funds received
    under goal-oriented programs sponsored by international organizations
    and foreign states.

    In January-May 2008, Armenia's budget revenues totaled 282,224.1mln
    AMD, their share in Armenia's GDP being 28.7%. Armenia's on-budget
    expenditures totaled 265,269.5mln AMD or 274,980.6mln AMD (with funds
    received under goal-oriented programs sponsored by international
    organizations and foreign states). The share of on-budget expenditures
    in Armenia's GDP reached 27%.

    The RA Parliament approved Armenia's state budget on November 28, 2007.

    Armenia's budgeted revenues are 746bln AMD, budgeted expenditures
    822bln AMD, and budgeted deficit 76bln AMD.
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