Armenian state budget revenues grew 9,9% in January-July 2011August 29, 2011 - 12:40 AMT PanARMENIAN.Net - The revenues of the Armenian state budget in January-July 2011 grew by 9,9% or AMD 43,4 billion compared to the same period in 2010 and totaled AMD 482,7 billion by the end of July. The state budget expenditures in the reporting period made AMD 492,7 billion. According to the Finance Ministry, the expenditures grew by 6,3% or AMD 29,2 billion compared to the same period of last year. The state budget of Armenia in January-July 2011 was performed with a deficit of AMD 10,5 billion. 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 | Armenia to participate in key EU meeting for the first time ever National Assembly speaker Alen Simonyan has said that Armenia will for the first time participate in the Conference. U.S. reacts to Russia’s criticism of upcoming Armenia-EU-U.S. meeting Matthew Miller has weighed in on Russia’s criticism of an upcoming Armenia-EU-U.S. meeting. Lavrov sees ‘collapse’ of Russia’s ties with Armenia Russian Foreign Minister Sergey Lavrov has underscored heightened tensions between Russia and Armenia. Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine |