Armenia’s state budget revenues grew 16.5% in January-October 2010November 23, 2010 - 18:09 AMT PanARMENIAN.Net - In January-October, Armenia’s state budget revenues totaled around AMD 628.3bln, while expenditures – AMD 669.4bln, securing 86.2% and 78.1% respectively of the RA governmental program for 2010. 16.5% (AMD 89bln) and 3.3% (AMD 21.4bln) growth was recorded in the budget revenues and expenditures respectively compared to the same period in 2009, the press service of the Armenian Ministry of Finance reported. During the reporting period, Armenia’s state budget was fulfilled with AMD 41.1bln deficit against AMD 128bln envisaged for this year and AMD 108.7bln in January-October 2009. Around AMD 54.4bln and 13.3bln were attracted from internal and external sources respectively to finance the deficit. 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 | 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. |