Armenia’s budget revenues overfulfil plan by AMD 0,5 bln.June 7, 2012 - 12:38 AMT PanARMENIAN.Net - Armenia’s annual inflation rate totaled 0,5% during the first five months, acting Minister of Finance said. As Vache Gabrielyan noted, the economic activity index comprised 7,2%, with industrial growth grossing 115,3 %, increase in export and import totaling 117,8% and 108,7% respectively. Dwelling on the state budget realization, Minister Gabrielyan said that the tax revenues and mandatory social payments totaled AMD 322, 7 bln. in January- May 2012. In this context, budget expenditures made AMD 341 bln., with budget deficit totaling AMD 9,5 bln.. “Thus, the budget revenues overfulfil the plan by AMD 0,5 bln, with budget deficit recorded less than expected,” Minister said. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. “Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”. |