{"id":44788,"date":"2012-12-04T09:57:16","date_gmt":"2012-12-04T09:57:16","guid":{"rendered":"https:\/\/armbanks.am\/2012\/12\/04\/237049\/"},"modified":"2024-12-15T13:01:14","modified_gmt":"2024-12-15T13:01:14","slug":"armenias-budget-10-month-revenues-hike-9-1-to-amd-752-6-bln","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/12\/04\/44788\/","title":{"rendered":"Armenia\u2019s budget 10-month revenues hike 9.1% to AMD 752.6 bln"},"content":{"rendered":"<p><strong>YEREVAN, December 4. \/ARKA\/.<\/strong> Armenia\u2019s budget revenues rose 9.1% or by 63 billion drams in January-October 2012 to 752.6 billion drams compared to the same period a year earlier, the head of budget feasibility analysis and reports department at Finance Ministry Gayane Zargaryan told reporters on Tuesday.<\/p>\n<p>Such revenues proved 80.9% of the feasible budget management.<\/p>\n<p>\u201cThe basic part of the revenues, 94.2% or 708.9 billion drams, were earned through taxes, duties and social insurance mandatory payments, which was 10.4% (66.5 billion drams) higher from a year earlier,\u201d she noted.<\/p>\n<p>Revenues from taxes raised due to hikes in the tax on profit, the income tax, VAT and environment protection charges. Some 5.2% of the revenues, according to her, came from the other sources, and 0.6%- from the state grants.<\/p>\n<p>The revenues of Armenia\u2019s  state budget, approved on December 8,  2011, are projected at 911.6 billion drams, expenditures- 1044,1 billion drams, and the deficit- 132.5 billion drams.<\/p>\n<p>Armenia\u2019s National Assembly also approved a tax package targeted at ensuring 100 billion drams in additional budget revenues. Apart from luxury tax on cars with a market value of more than $90 thousand, the law implies increasing by 50% the tax on expensive alcohol drinks, the income tax hike by 25% for individuals with an income of 2 million drams or more, and up  by 50 % of  fixed payments for casinos. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s budget revenues rose 9.1% or by 63 billion drams in January-October 2012 to 752.6 billion drams compared to the same period a year earlier, the head of budget feasibility analysis and reports department at Finance Ministry Gayane Zargaryan told reporters on Tuesday<\/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":[15837,12335,12920,308],"class_list":{"0":"post-44788","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","11":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/44788","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=44788"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/44788\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=44788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=44788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=44788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}