Tweet
AMD 11.7 billion transferred to Armenian government budget as
mandatory social payments
YEREVAN, June 1. /ARKA/. Gayane Zargaryan, head of a finance ministry
department in charge of budget performance analyses, told journalists
on Saturday that the government had collected AMD 11.7 billion in
mandatory social payments accrued from the last year and AMD 6.8
billion in profit taxes in the first half of this year.
`The government budget had income tax revenue and mandatory social
pays 23.2% or AMD 15.5 billion greater in 2012 than in 2011,' she
said.
Zargaryan also said that a new type of taxes, turnover tax, has been
instituted this year in Armenia, and more than AMD 3 billion had been
transferred to the government budget as turnover tax since the
beginning of this year.
The government budget for Jan-Apr 2013 has been performed with a
surplus amounting to about AMD 27.5 billion.
The budget revenue for these four months amounts to AMD 324.7 billion
- 23.5% year-on-year growth, and spending amounts to 297.2 billion
(10.5% growth).
The 2013 budget calls for 1.032.7 trillion drams in revenue and
1.152.5 trillion drams in spending. Of that amount 993.08 billion
drams are to be collected as taxes and state dues, by 118.7 billion
drams more than in the first four months of 2012. The projected
deficit is 119.7 billion drams or 2.6% of the overall GDP. The deficit
is to be financed by internal and external sources -55.1 billion and
64.6 billion drams respectively. The projected inflation is 4±1.5% and
the projected GDP growth is 6.2%. ($1 - 419.08 drams). ---0---
mandatory social payments
YEREVAN, June 1. /ARKA/. Gayane Zargaryan, head of a finance ministry
department in charge of budget performance analyses, told journalists
on Saturday that the government had collected AMD 11.7 billion in
mandatory social payments accrued from the last year and AMD 6.8
billion in profit taxes in the first half of this year.
`The government budget had income tax revenue and mandatory social
pays 23.2% or AMD 15.5 billion greater in 2012 than in 2011,' she
said.
Zargaryan also said that a new type of taxes, turnover tax, has been
instituted this year in Armenia, and more than AMD 3 billion had been
transferred to the government budget as turnover tax since the
beginning of this year.
The government budget for Jan-Apr 2013 has been performed with a
surplus amounting to about AMD 27.5 billion.
The budget revenue for these four months amounts to AMD 324.7 billion
- 23.5% year-on-year growth, and spending amounts to 297.2 billion
(10.5% growth).
The 2013 budget calls for 1.032.7 trillion drams in revenue and
1.152.5 trillion drams in spending. Of that amount 993.08 billion
drams are to be collected as taxes and state dues, by 118.7 billion
drams more than in the first four months of 2012. The projected
deficit is 119.7 billion drams or 2.6% of the overall GDP. The deficit
is to be financed by internal and external sources -55.1 billion and
64.6 billion drams respectively. The projected inflation is 4±1.5% and
the projected GDP growth is 6.2%. ($1 - 419.08 drams). ---0---