Vestnik Kavkaza, Russia
Feb 15 2015

64.5% of Armenian budget was formed by transfers from Russia in 2012

15 February 2013 – 11:13am

Armenians transferred $1.69 billion from foreign to Armenia in 2012,
which means a transfer drop of $140.3 million (9.1%), compared with
2011, News.am reports.

85.6% of the sum was transferred from Russia, compared with 83.7% in
83.7% (growing by $150 million).

$1.447 billion transferred from Russia in 2012 are equivalent to 64.5%
of Armenian budget.

Transfers from China increased by $2.4 million and Kazakhstan by $1.9
million. Transfers from other countries dropped by a total of $9.5
million. Transfers from the US dropped by $7.8 million and Ukraine by
$6 million.