September 28, 2011 - 18:27 AMT
Armenian Finance Ministry submits 2012 state budget bill

Armenian Finance Ministry submitted a draft law on 2012 state budget to government consideration. The bill envisages state budget revenues at AMD 910 bln, budget expenditures at AMD 1,04 trln and budget deficit at 132,5 mln.

In 2012, the government plans to raise AMD 732 bln in taxes, AMD 142 bln in social payments and AMD 14,8 bln in official donations.