Armenia’s state budget was replenished with taxes and social payments at the amount of AMD 80,5 bln. in July, instead of the planned AMD 70,5 bln, Finance Minister said.

According to Vache Gabrielyan, in January-July 2012, budget revenues totaled AMD 489,6 bln, with tax revenues and state duties grossing AMD 475 bln. and expenditures - AMD 503,9 bln.

"The above-mentioned indicators inspire confidence in economic growth consistency and state revenue collection," Minister Gabrielyan said.