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Expenditures Of Armenian State Budget Amount To 279.2 Billion Drams

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  • Expenditures Of Armenian State Budget Amount To 279.2 Billion Drams

    EXPENDITURES OF ARMENIAN STATE BUDGET AMOUNT TO 279.2 BILLION DRAMS IN JANUARY-MAY 2009

    NOYAN TAPAN
    JULY 1, 2009
    YEREVAN

    The expenditures of the RA state budget amounted to 279.2bn drams in
    January-May 2009, including expenditures of 4.6bn drams at the expense
    of off-budget resources of state institutions. In particular, current
    expenses made 262.2bn drams, transactions with financial assets - 17bn
    drams. State budgetary expenditures grew by 5.3% or 13.9bn drams on
    the same period of 2008. This growth was conditioned by an increase
    in current expenses, particularly in pensions, salaries, benefits,
    expenses on the purchase of services, and subsidies for equalization
    of community budgets.

    Current expenses amounted to 262.2bn drams in the reporting period,
    ensuring a 76.9% fulfilment of the six-month program. Out of this
    amount, 25.1bn drams was allocated for the payment of salaries of
    employees of the state institutions, and 1.8bn drams was allocated
    for compulsory social security payments. These expenses grew by 19.2%
    and 4.5% respectively on the same period of 2008.

    According to the press service of RA Ministry of Finance, 53.1bn
    drams was allocated from the state budget for the purchase of goods
    and services, which exceeded the same index of 2008 by 13.2% and
    ensured a 74.1% fulfilment of the program for the first half of 2009.
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