Armenia posts 4,9% increase in state budget revenues Jan-May 2012

Armenia posts 4,9% increase in state budget revenues Jan-May 2012
June 29, 2012 - 19:19 AMT

PanARMENIAN.Net - The state budget revenues amounted to AMD 341,8 bn in January-May 2012 in Armenia, growing by 4,9% or AMD 16,1 bn compared with the same period of 2011.

State budget expenditures totaled AMD 348 bn., increasing by 4,7% (AMD 15,6 bn) compared to January-May 2011.

The state budget was fulfilled with an AMD 6,2 bn deficit in January-May 2012.

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