Customs duties from EEU budget drop, says Armenian finance minister

 16:00, 5 June 2023

YEREVAN, JUNE 5, ARMENPRESS. In 2022 Armenia received 28 billion dram less from the Eurasian Economic Union’s (EEU) single customs budget compared to 2021, finance minister Vahe Hovhannisyan said on June 5.

Hovhannisyan told lawmakers at a joint committee hearing on the 2022 budget report that a decrease has been recorded in terms of customs duties from the EEU.

“Customs duties dropped 56 billion 685 million drams, which is 28 billion dram less than in 2021. In 2021 that amount stood at 84 billion 839 million drams. This is due to the decrease of overall imports in the entire EEU market in 2022,” Hovhannisyan said.