  RA budget expenditures grew 7.1% in January-August 2010 as result of state debt servicing September 28, 2010 - 15:48 AMT PanARMENIAN.Net - In January-August 2010, the RA state budget revenue totaled AMD 503.3bln, while the state budget expenditures amounted to AMD 529.8bln. During the reporting period, the RA state budget deficit made AMD 26.5bln, the press service of the RA Ministry of Finance reported. The state budget revenue grew by 21.2% or AMD 87.9bln, while the state budget expenditures increased by 7.1% or AMD 35.3bln as compared with the same period in 2009. The growth is caused by expenditures for the state debt servicing and grants, as well as decrease in receipts from alienation of non-financial assets.   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 Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
