Taxes to ensure 96% of budget revenues September 29, 2011 - 13:51 AMT PanARMENIAN.Net - 96% of state budget revenues will be secured through taxes, Armenia’s Deputy Minister of Finance said.As Pavel Safaryan noted, presenting 2012 draft budget at governmental sitting, “it's a good result, suggesting the majority of our expenditures will be effected via internal sources.” The daft budget envisages budget revenues, set at AMD 910 bln; budget expenditures at AMD 1042,5 bln; budget deficit at 132, 5 bln. “To provide high tax assemblability, a special package was delivered to be presented at next governmental sitting,” he 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |