EXPENDITURES OF ARMENIAN STATE BUDGET AMOUNT TO 279.2 BILLION DRAMS IN JANUARY-MAY 2009

NOYAN TAPAN
JULY 1, 2009
YEREVAN

The expenditures of the RA state budget amounted to 279.2bn drams in
January-May 2009, including expenditures of 4.6bn drams at the expense
of off-budget resources of state institutions. In particular, current
expenses made 262.2bn drams, transactions with financial assets – 17bn
drams. State budgetary expenditures grew by 5.3% or 13.9bn drams on
the same period of 2008. This growth was conditioned by an increase
in current expenses, particularly in pensions, salaries, benefits,
expenses on the purchase of services, and subsidies for equalization
of community budgets.

Current expenses amounted to 262.2bn drams in the reporting period,
ensuring a 76.9% fulfilment of the six-month program. Out of this
amount, 25.1bn drams was allocated for the payment of salaries of
employees of the state institutions, and 1.8bn drams was allocated
for compulsory social security payments. These expenses grew by 19.2%
and 4.5% respectively on the same period of 2008.

According to the press service of RA Ministry of Finance, 53.1bn
drams was allocated from the state budget for the purchase of goods
and services, which exceeded the same index of 2008 by 13.2% and
ensured a 74.1% fulfilment of the program for the first half of 2009.