9% growth recorded in Armenian state budget revenues in Q1 2011

9% growth recorded in Armenian state budget revenues in Q1 2011

PanARMENIAN.Net - The state budget revenues amounted to AMD 178.9bln in the first quarter of 2011 in Armenia, while expenditures tyaledo AMD 181.4bln.

9.6% (AMD 14.8bln) growth was recorded in the state budget revenues as compared with Q1 2010, according to the RA Ministry of Finance.

The state budgetary expenditures amounted to AMD 11.3bln that is 6.6% (AMD 11.3bln) higher compared to Q1 2010.

The state budget was fulfilled with an AMD 2.4bln deficit in the first quarter of 2011 against the AMD 27.5bln deficit envisaged for the period.

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