Finalized 2010 draft budget revenues to total AMD 742 billion
Armenia's finalized 2010 draft budget revenues will comprise AMD 742 billion against AMD 676 billion planned.
"Thus, total state budget revenues will be increased by AMD 65 billion," Armenian Minister of Finance Tigran Davtyan said when presenting finalized 2010 draft budget during December 3 government session.
In accordance with finalized draft budget, 2010 tax proceeds will amount to AMD 570 billion, with tax-GDP ratio comprising 17.7% against 16.6% planned.
Expenditures will be increased by AMD 75 billion to reach AMD 935 billion, against initial AMD 859 billion.
Macroeconomic index was also revised.
The government sanctioned changes to be later submitted to RA NA for ratification.
"Thus, total state budget revenues will be increased by AMD 65 billion," Armenian Minister of Finance Tigran Davtyan said when presenting finalized 2010 draft budget during December 3 government session.
In accordance with finalized draft budget, 2010 tax proceeds will amount to AMD 570 billion, with tax-GDP ratio comprising 17.7% against 16.6% planned.
Expenditures will be increased by AMD 75 billion to reach AMD 935 billion, against initial AMD 859 billion.
Macroeconomic index was also revised.
The government sanctioned changes to be later submitted to RA NA for ratification.
