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Armenian State Budget Revenue Grows 3% In January 2012

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  • Armenian State Budget Revenue Grows 3% In January 2012

    ARMENIAN STATE BUDGET REVENUE GROWS 3% IN JANUARY 2012

    news.am
    March 05, 2012 | 16:32

    YEREVAN. - Armenia's state budget revenue increased by 3 percent,
    in January 2012, and comprised US$ 151 million, Finance Ministry
    official Gayane Zargaryan informed reporters on Monday.

    Total tax, tariff, and social payments made up AMD 55.4 billion,
    which were primarily conditioned on the value added tax.

    The revenue growth was at 4.6 percent. By and large, the tax
    payments-except for income tax-likewise increased.

    The budget spending was close to $96 million in January 2012, and the
    expenditures grew by 0.7 percent as compared with January 2011. The
    main expenditures were current, comprising AMD 36.4 billion, and they
    increased by 3.5 percent.

    In line with the current exchange rate, US$ 1 is equivalent to
    approximately AMD 389.


    From: Baghdasarian
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