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Preliminary Draft Budget With 1,12% GDP Deficit Endorsed By Armenian

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  • Preliminary Draft Budget With 1,12% GDP Deficit Endorsed By Armenian

    PRELIMINARY DRAFT BUDGET WITH 1,12% GDP DEFICIT ENDORSED BY ARMENIAN GOVERNMENT

    ArmInfo
    2008-09-16 14:56:00

    ArmInfo. Armenian government endorsed preliminary draft budget 2009
    with 46,7 bln AMD or 1,12% GDP deficit, Armenian Finance Ministry
    has informed ArmInfo correspondent.

    Budget revenues will amount to 908.008 bln AMD or 21,78% of GDP. Tax
    revenues and state taxes will amount to 731,854 bln AMD. Budget
    expenditures will amount to 954,8 bln AMD or 22,90% of GDP. The budget
    was calculated by the exchange rate 325.16 AMD/$1. In the nominal
    expression GDP will amount to 4,169,000,000,0 AMD. The draft budget
    should be approved by the government and directed to the parliament
    for endorsement.
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