YEREVAN, September 1. /ARKA/. The Armenian government budget revenue less the financial resources received under programs funded by international organizations and foreign states amounted to AMD 438.8 billion in Jan-July 2010 (22.2% year-on-year growth), Armenian Finance Ministry reports.

It means the government has already handled 60.2% of the planned annual revenue.

The Armenian government budget expenses less the financial resources received for under programs funded by international organizations and foreign states totaled AMD 463.5 billion in Jan-July 2010 (8.7% year-on-year growth).

Tax and duty receipts totaled AMD 339.7 billion.

VAT receipts exceeded AMD 170.1 billion (50.1% of the planned receipts).

This result is greater than that of the same period of the previous year by 33.1% or AMD 42.3 billion.

Excise tax added AMD 5.6 billion, profit tax AMD 25.6 billion and income tax AMD 41.2 billion to the government budget.

Customs duties amounted to AMD 17.9 billion and state duties more than AMD 10.6 billion.

Fixed pays from organizations exceeded AMD 12.9 billion ensuring 3.8% of the planned indicator.

Mandatory social insurance pays grew 14.1% or by AMD 8 billion in Jan-July 2010, compared with the same period a year earlier, to AMD 64.9 billion ensuring 85% of the planned amount.

Other incomes (nontax receipts) grew 43.3% or by AMD 8.7 billion to AMD 28.9 billion.

The 2010 government budget was approved by the Armenian National Assembly on December 10, 2009.
Revenue was planned at AMD 742 billion, expenditure at AMD 935.5 billion and deficit at AMD 193.4 billion. ($1=AMD 363.63).-0---