The State Budget has paid 12.6 billion AMD in taxes and duties

During the first half of the current year, the company “Electric Networks of Armenia” paid about 12.6 billion AMD in taxes and duties to the RA state budget.

Romanos Petrosyan, the interim manager of the National Economic and Social Committee, wrote about this on his Facebook page, emphasizing that this is about 62% more than the payments made in the same period of the previous year (1st semester of 2025).


“In the same period of the last year, before the initiation of administrative proceedings against the HEC by the PSC, the sum of payments to the state budget amounted to around 7.8 billion AMD. The HEC no longer serves our people,” wrote Petrosyan.

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2026/07/21/the-state-budget-has-paid-12-6-billion-amd-in-taxes-and-duties/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS

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