GOVERNMENT APPROVES DRAFT STATE BUDGET FOR FY 2010
Hasmik Dilanyan
"Radiolur"
28.09.2009 16:42
During today’s extraordinary sitting the Armenian Government approved
the draft state budget for Fiscal Year 2010. It’s going to be more
modest as compared to the budgets of the previous years. The social
expenditures have not been cut, but have not been increased, either.
Next year there will be a 85 million AMD decrease in the expenditure
part of the budget. According to law, the document should be submitted
to the National Assembly by October 1st.
The revenues will make 701.1 billion AMD, the expenditures part of
the budget will reach 884.7 billion AMD. The deficit will total 183.0
billion AMD.