YEREVAN, June 1. / ARKA /. Armenia’s state budget revenues collected in the first 4 months of 2017 were by 8.8% more than the amount collected in the same time span of last year, growing to over 383.2 billion drams, the National Statistical Service (NSS) said today.

According to NSS figures, more than 363 billion drams were collected as taxes and dues, an increase of 10.6% from the year before. Also 128.9 billion drams were collected as VAT, a growth of 10.5%, 19.5 billion drams were collected as excise taxes (a growth of 18.3%), 48.8 billion drams were collected as profit taxes (a growth of 6.5%), 18.4 billion drams as customs dues (a growth of 14.8%) and 102.8 billion drams as income taxes (a growth of 4.1%).

The state budget also received 16.7 billion drams as ‘other revenue, a growth of 10.9%. The government also received over 3.3 billion drams as official grants.

Categories: Economy @en, General news, News, News of the hour, Новости | Comments Off on Armenian state budget revenue in four months grew by 8.8 percent, spending dropped by 4.1 percent

Tags: Armenia, budget revenue, NSS

Read more