Wednesday, August 29, 2012

Armenia had AMD 11.1 budget deficit in January-July

Armenia's budget deficit made 11,1 billion Drams ($275.000) in the first seven months of 2012.
According to the Ministry of Finance, the extra-budgetary revenues in the above period were 13.7 billion Drams (75.1% of the revenues envisaged for January-September), with the expenses making 10.5 billion Deams (51.1%).
Without the extra-budgetary means, the revenues and expenses of the State Budget made 491.9 billion Drams (76.7%) and 506.2 Drams (73.1%), respectively. 

Source: TertOriginial Article

Armenian News

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