YEREVAN, May 24. /ARKA/. The head of Armenia’s State Revenue Committee (SRC) David Ananyan expects his agency to collect much more revenues this year than projected.
Speaking to reporters after a Cabinet session today he said the fight against the so-called shadow economy over the past two years has been quite efficient, adding, however, that he could not describe it as ‘comprehensive." According to him, the current circumstances contribute to a more thorough fight against this negative phenomenon.
"We will not be satisfied with positive progress and we would not personalize it. Our goal is to carry out structural reforms so that the system operates as efficient as possible," Ananyan said.
He said it is already certain that the Customs Service does not impose any artificial obstacles on importers, if they do not breach the law and have necessary documents.
The Armenia government’s revenue projection for this year is 1 trillion and 307 billion drams, and the spending projection is 1 trillion and 464.2 billion drams. The deficit is projected at 156.9 billion drams ($ 1- 482.48 drams). -0-