RA budget expenditures grew 7.1% in January-August 2010 as result of state debt servicingSeptember 28, 2010 - 15:48 AMT PanARMENIAN.Net - 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |