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Armenian Budget Expenditures Exceed AMD 900 Billion In 2009

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  • Armenian Budget Expenditures Exceed AMD 900 Billion In 2009

    ARMENIAN BUDGET EXPENDITURES EXCEED AMD 900 BILLION IN 2009

    /PanARMENIAN.Net/
    29.12.2009 13:24 GMT+04:00

    /PanARMENIAN.Net/ Armenian budget expenditures will exceed AMD
    900 billion in 2009, surpassing the last year's index with AMD 100
    billion, Armenian Minister of Finance Tigran Davtyan told journalists
    in Yerevan, summing up the year.

    According to the Minister, the crisis required extra efforts, however
    in 2009 all budgetary commitments have been fully met. "The overall
    situation during the year was hard, but we managed to fulfill all
    social obligations, not accumulate debts and now continue to execute
    all budgeted expenses," he said.

    In 2009 the budget was replenished with AMD 520 billon tax payments,
    less than in 2008, but more than in 2007, Tigran Davtyan said.
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