State budget revenue grows by 14.3% over January-November 2010December 28, 2010 - 16:52 AMT PanARMENIAN.Net - In January-November 2010, the RA state budget revenue totaled AMD 690.2bln, while the state budget expenditures amounted to AMD 742.6 bln. During the reporting period, the RA state budget deficit made up AMD 52.4 bln, the press service of the RA Ministry of Finance reported. The state budget revenue grew by 14.3% or AMD 86.3 bln, while the state budget expenditures increased by 3.3% or AMD 23.8 bln 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 | Mirzoyan says meeting with Bayramov was “constructive” At the moment, Ararat Mirzoyan said, there is no basis for additional comments. OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation. France welcomes Armenia-Azerbaijan meeting in Almaty France has welcomed the new round of negotiations between the foreign ministers of Armenia and Azerbaijan. |