Wed, 22 October
17.1 C
Yerevan
USD: 382.51 RUB: 4.68 EUR: 443.18 GEL: 141.23 GBP: 509.20

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

YEREVAN, July 30. /ARKA/. The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today. The ministry noted that a surplus of 11 billion drams was recorded in the same period of 2024.

The Finance Ministry reported that state budget revenues for the first half of 2025 totaled 1.433 trillion drams, surpassing the revised target by 2.2%. Compared to the same period last year, revenues increased by 15.2%, or 189.4 billion drams.

Expenses totaled 1,472.3 billion drams, or 85.2% of the planned amount. Compared to the same period in 2024, expenses increased by 19.4%, or 239.6 billion drams. (1 USD = 383.94 AMD).-0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img