{"id":150320,"date":"2023-08-30T11:14:56","date_gmt":"2023-08-30T11:14:56","guid":{"rendered":"https:\/\/armbanks.am\/2023\/08\/30\/251063\/"},"modified":"2024-12-15T13:52:11","modified_gmt":"2024-12-15T13:52:11","slug":"wb-in-june-armenias-budget-recorded-another-surplus-of-amd-34-billion-driven-by-a-15-4-percent-yoy-increase-in-tax-revenue-collection","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/08\/30\/150320\/","title":{"rendered":"WB: in June, Armenia\u2019s budget recorded another surplus of AMD 34 billion, driven by a 15.4 percent (yoy) increase in tax revenue collection"},"content":{"rendered":"\n<p><strong>YEREVAN, August 30. \/ARKA\/. \u00a0<\/strong>In June, the budget recorded another surplus of AMD 34 billion, driven by a 15.4 percent (yoy) increase in tax revenue collection, World Bank said in its latest Armenia monthly economic update for august 2023.<\/p>\n\n\n\n<p>This was due to increases of 15 percent and 43 percent in VAT and profits tax collections, respectively, explained by higher consumption, strong economic performance, and a 20 percent rise in income tax collection.<\/p>\n\n\n\n<p>Current and capital expenditures were also up, by 12 and 18 percent yoy, respectively. Cumulatively, compared to the budget plan for H1 2023, revenues exceeded expectations by 6 percent, while current and capital expenditures fell short by 6 and 46 percent, respectively, amidst a high and ambitious budget plan for investment.<\/p>\n\n\n\n<p>As a result, the budget surplus for H1 was AMD 135 billion, compared to a planned deficit of AMD 93 billion. ($1 \u2013 386.15 drams) -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In June, the budget recorded another surplus of AMD 34 billion, driven by a 15.4 percent (yoy) increase in tax revenue collection, World Bank said in its latest Armenia monthly economic update for august 2023<\/p>\n","protected":false},"author":1,"featured_media":157879,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":{"0":"post-150320","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/150320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=150320"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/150320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157879"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=150320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=150320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=150320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}