ARMENIAN GOVERNMENT APPROVES PRELIMINARY DRAFT BUDGET FOR 2009

ARKA
Sep 12, 2008

YEREVAN, September 12. /ARKA/. On Thursday, Armenian Government
approved the preliminary draft budget for 2009 and the draft law on
Armenian state budget for 2009.

Armenian Finance Minister Tigran Davtyan said that relevant ministries
and agencies can submit their proposals.

Under the draft budget, the state revenue is planned to exceed AMD
908 billion and expenses AMD 701 billion.

The 2008 state budget was passed by National Assembly on November
28, 2007.

That budget revenue was planned at AMD 746 billion, expenses at 822
billion and deficit 76 billion. ($1 – AMD 302.66).