RA parliament approves state budget for 2008November 28, 2007 - 14:01 AMT PanARMENIAN.Net - With a vote 82 to 2 and 8 abstentions, the Armenian parliament approved the state budget for 2008. The reviewed budget provides for 766,3, billion AMD ($2,529 billion) income, 842,3 billion AMD ($2,78 billion) expenditure. Deficit will make 76 billion AMD ($261 million).According to the Minister of Finance and Economy, Vardan Khachatryan, the government received 331 proposals from the MPs, 144 were admitted. The tax taking tends to increase with 2 billion AMD bringing the tax specific weight in the GDP up to 17%. At that 79,9% of income will be provided by tax and duty. Dram-to-dollar rate was fixed at 325,16/1. Dram-to-euro rate was fixed at 469,76/1, IA Regnum reports. Top stories The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. The Yerevan City Council has elected Tigran Avniyan from the ruling Civil Contract as the mayor of the Armenian capital. The Armenian Parliament on Tuesday, October 3 voted to ratify the Rome Statute of the International Criminal Court. Partner news | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. |