  Finalized 2010 draft budget revenues to total AMD 742 billionDecember 3, 2009 - 14:39 AMT PanARMENIAN.Net - Armenia's finalized 2010 draft budget revenues will comprise AMD 742 billion against AMD 676 billion planned. "Thus, total state budget revenues will be increased by AMD 65 billion," Armenian Minister of Finance Tigran Davtyan said when presenting finalized 2010 draft budget during December 3 government session. In accordance with finalized draft budget, 2010 tax proceeds will amount to AMD 570 billion, with tax-GDP ratio comprising 17.7% against 16.6% planned. Expenditures will be increased by AMD 75 billion to reach AMD 935 billion, against initial AMD 859 billion. Macroeconomic index was also revised. The government sanctioned changes to be later submitted to RA NA for ratification.   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 |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
