19.2% growth recorded in Armenia’s state budget revenues in January-September 2010

19.2% growth recorded in Armenia’s state budget revenues in January-September 2010

PanARMENIAN.Net - In January-September, Armenia’s state budget revenues totaled around AMD 566.63bln, while expenditures – AMD 595bln.

19.2% or AMD 91.4bln growth was recorded in the revenues compared to the same period in 2009, the press service of the Armenian Ministry of Finance reported.

Besides, the tax payments, state duties and compulsory social payments grew by 18% (AMD 80.2bln). The budget expenditures increased by 4.6% or AMD 26.2bln as compared with January-September 2009.

During the reporting period, Armenia’s state budget was fulfilled with AMD 28.4bln deficit against AMD 122.3bln envisaged for the first nine months.

Around AMD 39.2bln and 10.8bln were attracted from internal and external sources respectively to finance the deficit.

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