September 29, 2011 - 13:51 AMT
PHOTOSET
Taxes to ensure 96% of budget revenues

96% of state budget revenues will be secured through taxes, Armenia’s Deputy Minister of Finance said.As Pavel Safaryan noted, presenting 2012 draft budget at governmental sitting, “it's a good result, suggesting the majority of our expenditures will be effected via internal sources.”

The daft budget envisages budget revenues, set at AMD 910 bln; budget expenditures at AMD 1042,5 bln; budget deficit at 132, 5 bln.

“To provide high tax assemblability, a special package was delivered to be presented at next governmental sitting,” he said.

PHOTOSET