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AMD 240.4 BILLION SENT TO GOVERNMENT BUDGET IN JAN-APR 2011 AS TAXES AND CUSTOMS DUTIES
/ARKA/
May 27, 2011
YEREVAN
Gagik Khachatryan, chairman of the Armenian State Revenue Committee,
told journalists on Friday after a session held by President Serzh
Sargsyan that AMD 240.4 billion had been transferred to the government
budget over the first four months of this year as taxes and customs
duties.
This amount is 10.2% greater than that sent to the budget over the
same period a year earlier.
Khachatryan said that 60% of the total taxes came from large economic
entities.
"There is room in Armenia to enlarge tax collection in all the areas,"
he said.
In the 2011 government budget, spending is projected at AMD 1 trillion
1 billion and revenue at AMD 852 billion, of which 44% are planned
to be filled with customs duties and 56% with taxes.
Budget deficit is expected to amount to AMD 148.6 billion in 2011. GDP
growth is projected at 4.6%. ($1= AMD 377.6).
/ARKA/
May 27, 2011
YEREVAN
Gagik Khachatryan, chairman of the Armenian State Revenue Committee,
told journalists on Friday after a session held by President Serzh
Sargsyan that AMD 240.4 billion had been transferred to the government
budget over the first four months of this year as taxes and customs
duties.
This amount is 10.2% greater than that sent to the budget over the
same period a year earlier.
Khachatryan said that 60% of the total taxes came from large economic
entities.
"There is room in Armenia to enlarge tax collection in all the areas,"
he said.
In the 2011 government budget, spending is projected at AMD 1 trillion
1 billion and revenue at AMD 852 billion, of which 44% are planned
to be filled with customs duties and 56% with taxes.
Budget deficit is expected to amount to AMD 148.6 billion in 2011. GDP
growth is projected at 4.6%. ($1= AMD 377.6).