Tue, 8 April
12.1 C
Yerevan
USD: 391.14 RUB: 4.55 EUR: 428.65 GEL: 142.05 GBP: 501.60
spot_img

Armenia’s state budget implemented with surplus in Jan-Nov: Finance Minister

YEREVAN, December 24. /ARKA/. The revenues of Armenia’s 2012 state budget for January-November hit 841 billion drams, and expenditures- 831.6 billion drams ensuring the annual program implementation at 90.2% and 85.1% respectively, Finance Minister Vache Gabrielyan said at a press conference on Monday.

“Expenditures financing and monetary funds management were carried out quite smoothly, programs prepared by different bodies were implemented on time,” he said.

According to Minister, revenues from taxes, duties and mandatory social charges hit 792.1 billion drams in January-November 2012 ensuring 90.3% annual program implementation

On December 8, 2011, the National Assembly of Armenia adopted the republic’s 2012 state budget. Budget revenues were estimated at 911.6 billion drams, expenditures- 1044,1 billion drams, and deficit- 132.5 billion drams.

The highest share of revenues was ensured through taxes (732 billion drams), and mandatory social insurance charges (142 billion drams). ($1 – 404.75 drams).—0-

spot_img

POPULAR

Dollar, Euro And Ruble Exchange Rates Slightly Decrease Against Dram

The average market exchange rate of the US dollar to the Armenian dram on April 4, 2025, dropped by 0.1 points compared to April 3 and amounted to AMD 391.22.

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img