Armenia’s state budget revenues grew 16.5% in January-October 2010

Armenia’s state budget revenues grew 16.5% in January-October 2010

PanARMENIAN.Net - In January-October, Armenia’s state budget revenues totaled around AMD 628.3bln, while expenditures – AMD 669.4bln, securing 86.2% and 78.1% respectively of the RA governmental program for 2010.

16.5% (AMD 89bln) and 3.3% (AMD 21.4bln) growth was recorded in the budget revenues and expenditures respectively compared to the same period in 2009, the press service of the Armenian Ministry of Finance reported.

During the reporting period, Armenia’s state budget was fulfilled with AMD 41.1bln deficit against AMD 128bln envisaged for this year and AMD 108.7bln in January-October 2009.

Around AMD 54.4bln and 13.3bln were attracted from internal and external sources respectively to finance the deficit.

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