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In 2009 state budget income of Armenia was reduced by 16.4%

20.01.2010 20:35

In 2009 state budget income of Armenia was reduced by 16.4%

YEREVAN, January 20. /ARKA/. In 2009 state budget income of Armenia was reduced by 676.4 billion drams which is by 16.4% less than the indicator of 2008.

On November 27 the Parliament of Armenia approved state budget of the country of 2009 according to which income of state budget is planned in the amount of 905.4 billion drams, expenses - 945.4 billion drams and deficit – 40 billion drams.

The share of tax entries and duties is 727.5 billion drams. In 2009 tax and other budget entries were reduced. According to the data of the Ministry of Finance of Armenia, in 2009 tax entries were 522.4 billion drams which was low by 15.9% than the indicator of 2008. In 2009 weighted average of tax entries and duties in the structure of GDP of Armenia was 16.6% which was by 0.4 point low of the indicator of 2008.

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