ARMENIAN STATE BUDGET REVENUES DECREASE BY 9.7% AGAINST FIRST QUARTER OF 2008
Noyan Tapan
May 8, 2009
YEREVAN, MAY 8, NOYAN TAPAN. In 2009 January-March RA state budget’s
revenues made nearly 139.8bn drams and expenditures 153.4bn drams,
on the line of which 103.1% and 90.9% of the quarterly program
reconsidered by the RA government was provided, respectively. This
was 15.6% of the annual planned revenues and 17.2% of the annual
planned expenditures.
According to the Information and Public Relations Department of the RA
Ministry of Finance, as compared with previous year’s first quarter,
state budget revenues decreased by 9.7% or by 14.9bn drams. It was due
to a 16.7% or 21.4bn drams decrease of revenues on the line of taxes
and duties. In the same period compulsory social security payments and
other revenues increased by 251.2m drams (by 1.2%) and 3.7bn drams
(68.6%), respectively. Official grants amounted to more than 2.5bn
drams against 18.5m drams of previous year’s January-March.
76.3% state budget revenues were formed at the expense of taxes and
duties, 15.4% compulsory social security payments, 6.6% other revenues,
and 1.8% official grants. In correspondence with point 18, Article 9
of RA law On Republic of Armenia 2009 State Budget, the state budget
also involves state enterprises’ extra-budget funds’ resources, the
revenues of which amounted to 3.6bn drams in the first three months
of the current year against 3.1bn drams recorded in previous year’s
first quarter.