19.2% growth recorded in Armenia’s state budget revenues in January-September 2010October 25, 2010 - 15:22 AMT PanARMENIAN.Net - In January-September, Armenia’s state budget revenues totaled around AMD 566.63bln, while expenditures – AMD 595bln. 19.2% or AMD 91.4bln growth was recorded in the revenues compared to the same period in 2009, the press service of the Armenian Ministry of Finance reported. Besides, the tax payments, state duties and compulsory social payments grew by 18% (AMD 80.2bln). The budget expenditures increased by 4.6% or AMD 26.2bln as compared with January-September 2009. During the reporting period, Armenia’s state budget was fulfilled with AMD 28.4bln deficit against AMD 122.3bln envisaged for the first nine months. Around AMD 39.2bln and 10.8bln were attracted from internal and external sources respectively to finance the deficit. 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 | Power of One Dram to benefit Road of Life, Strong Mind IDBank and Idram summarize the results of the May program of “The Power of One Dram”. Yerevan State University, Ucom sign Memorandum of Cooperation Rector of Yerevan State University Hovhannes Hovhannisyan and General Director of Ucom Ralph Yirikian signed the memorandum. EU to provide budgetary support to Armenia The agreement is aimed at increasing the competitiveness of the educational system of Armenia. Aliyev: No peace treaty unless Armenia changes constitution Azerbaijan will not sign a peace treaty with Armenia unless the latter changes its constitution, Azerbaijani President Ilham Aliyev said. |