{"id":22533,"date":"2011-04-29T14:25:06","date_gmt":"2011-04-29T14:25:06","guid":{"rendered":"https:\/\/armbanks.am\/2011\/04\/29\/232862\/"},"modified":"2024-12-15T12:51:06","modified_gmt":"2024-12-15T12:51:06","slug":"first-quarter-budget-executed-with-2-4-billion-dram-deficit","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/04\/29\/22533\/","title":{"rendered":"First quarter budget executed with 2.4 billion dram deficit"},"content":{"rendered":"<p><strong>YEREVAN, April 29, \/ARKA\/<\/strong>. Armenian finance ministry said today in a statement that the first quarter budget was executed with a 2.4 billion Dram deficit, down from the projected 27.5 billion Drams deficit. According to it, budget revenues in January-March time span grew by 9% year-on-year (or by 14.8 billion Drams) to 178.9 billion Drams.<\/p>\n<p>Some 94.9% were collected as tax revenues, state dues and mandatory social security payments. Five percent were other revenues and 0.1% came as grants. Off-budget profits of public sector companies and organizations constituted 3.9 billion Drams.<\/p>\n<p>The ministry said a total of 140 billion Drams were collected as taxes and customs dues, an equivalent of 99.9% of the planned volume. The figure represented a 10.1% year-on-year growth (12.9 billion Drams), prompted by improved rate of collection of VAT, profit, royalties and income taxes.<\/p>\n<p>The spending in the first quarter amounted to 181.4 billion Drams, 85.4% of the projected amount. The ministry said the 2011 first quarter spending rose by 6.6% or by 11.3 billion Drams of compared to the first quarter of 2010.<\/p>\n<p>The ministry said also 166.9 billion Drams were current expenses, that was equal to 86.4% of the planned indicator. Compared to the first quarter of 2010 the spending increased by 4.9% or 7.8 billion Drams. Of current expenses 15.6 billion Drams were released as public sector\u2019s wages and salaries and one billion Drams as mandatory social payments. The figures represented a 5.4% and 4.9% rise respectively from a year earlier.<\/p>\n<p>The ministry said it had released also 7.5 billion Drams to pay Armenia\u2019s state debt, by 8% less than projected. Some 5.6 billion Drams were released for paying domestic debt and 1.9 billion Drams to pay external debt.\u00a0 -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian finance ministry said today in a statement that the first quarter budget was executed with a 2.4 billion Dram deficit, down from the projected 27.5 billion Drams deficit.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12335,12920],"class_list":{"0":"post-22533","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-budget","10":"tag-revenues"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22533","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=22533"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22533\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=22533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=22533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=22533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}