Taxes to ensure 96% of budget revenues September 29, 2011 - 13:51 AMT PanARMENIAN.Net - 96% of state budget revenues will be secured through taxes, Armenia’s Deputy Minister of Finance said.As Pavel Safaryan noted, presenting 2012 draft budget at governmental sitting, “it's a good result, suggesting the majority of our expenditures will be effected via internal sources.” The daft budget envisages budget revenues, set at AMD 910 bln; budget expenditures at AMD 1042,5 bln; budget deficit at 132, 5 bln. “To provide high tax assemblability, a special package was delivered to be presented at next governmental sitting,” he said. 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 | 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. |