State budget revenue grows by 14.3% over January-November 2010

State budget revenue grows by 14.3% over January-November 2010

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.

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