NATIONAL ASSEMBLY STARTS DISCUSSION OF ANNUAL REPORT ON EXECUTION OF 2007 STATE BUDGET
Noyan Tapan
Ma y 20, 2008
YEREVAN, MAY 20, NOYAN TAPAN. The RA National Assembly on May 20
started discussion of the annual report on execution of the 2007
state budget.
According to the deputy minister of finance, chief treasurer of the
RA Atom Janjughazian, 13.8% economic growth was registered in 2007,
which exceeds by 4.8% the programmed index. Per capita GDP made 975,907
drams in nominal expression, growing by 18% as compared with 2006.
The level of unemployment declined by about 0.4% on the previous year
and made 7.1%. The number of the unemployed made 82,800 in 2007. The
annual incomes of the population increased by 25.7% as compared with
2006, the average salary grew by 21.2% and made 77,469 drams.
The nominal settlement exchange rate of the Armenian dram against
the US dollar made 304.1 drams in December 2007, increasing by 16.6%
as compared with December of the previous year. According to customs
statistics, the foreign trade of Armenia amounted to 4.439 billion
dollars, growing by 39.7% on 2006. In 2007, exports grew by 17.5%,
imports – by 40.7%.