PRELIMINARY DRAFT BUDGET WITH 1,12% GDP DEFICIT ENDORSED BY ARMENIAN GOVERNMENT

ArmInfo
2008-09-16 14:56:00

ArmInfo. Armenian government endorsed preliminary draft budget 2009
with 46,7 bln AMD or 1,12% GDP deficit, Armenian Finance Ministry
has informed ArmInfo correspondent.

Budget revenues will amount to 908.008 bln AMD or 21,78% of GDP. Tax
revenues and state taxes will amount to 731,854 bln AMD. Budget
expenditures will amount to 954,8 bln AMD or 22,90% of GDP. The budget
was calculated by the exchange rate 325.16 AMD/$1. In the nominal
expression GDP will amount to 4,169,000,000,0 AMD. The draft budget
should be approved by the government and directed to the parliament
for endorsement.