  Armenian parliament completes discussions on 2013 draft budget November 6, 2012 - 18:24 AMT PanARMENIAN.Net - Armenian National Assembly’s standing committees completed discussions of 2013 draft budget today, Nov. 6. The consolidated budget revenues are planned to be set at AMD 1 trillion 31 billion, growing by 13% as compared with last year’s index, with the expenditures to be set at AMD 1 trillion 151 billion. Taxes and state duties will make up 96,25% of tax revenues, with the official grants and other revenues to total 1,59% and 2,16% respectively. Deficit is set at AMD 124 bln or 2,6% of GDP, with yearly inflation rate forecasted at 4±1,5%, with GDP growth expected at 6,2%.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
