OVERALL STATE REVENUE INCREASES BY 21,8%

Aysor
March 29 2010
Armenia

Overall state revenue in January-February of 2010, as reported by
Armenia’s Ministry of Finance, increased by 21,8% (18,5 billion drams)
in comparison with the same period of the previous year. Officials
increased taxes and fees by 19%, social insurance payments by 28,1%,
and other revenues by 50,5%.

According to officials, in the announced period government revenue
plan of 2010 is implemented by 14,3%, and government expenses of the
2010 plan are implemented by 12,6%.

State revenue for January-February of 2010 showed 103,1 billion drams
(this is the government plan’s implementation by 68,3%), and state
expenses for the same period showed 106,2 billion drams (this is the
57,5% of the government plan for 2010.)