September 28, 2010 - 15:48 AMT
RA budget expenditures grew 7.1% in January-August 2010 as result of state debt servicing

In January-August 2010, the RA state budget revenue totaled AMD 503.3bln, while the state budget expenditures amounted to AMD 529.8bln. During the reporting period, the RA state budget deficit made AMD 26.5bln, the press service of the RA Ministry of Finance reported.

The state budget revenue grew by 21.2% or AMD 87.9bln, while the state budget expenditures increased by 7.1% or AMD 35.3bln as compared with the same period in 2009. The growth is caused by expenditures for the state debt servicing and grants, as well as decrease in receipts from alienation of non-financial assets.