Preliminary Draft Budget With 1,12% GDP Deficit Endorsed By Armenian

PRELIMINARY DRAFT BUDGET WITH 1,12% GDP DEFICIT ENDORSED BY ARMENIAN GOVERNMENT

ArmInfo
2008-09-16 14:56:00

ArmInfo. Armenian government endorsed preliminary draft budget 2009
with 46,7 bln AMD or 1,12% GDP deficit, Armenian Finance Ministry
has informed ArmInfo correspondent.

Budget revenues will amount to 908.008 bln AMD or 21,78% of GDP. Tax
revenues and state taxes will amount to 731,854 bln AMD. Budget
expenditures will amount to 954,8 bln AMD or 22,90% of GDP. The budget
was calculated by the exchange rate 325.16 AMD/$1. In the nominal
expression GDP will amount to 4,169,000,000,0 AMD. The draft budget
should be approved by the government and directed to the parliament
for endorsement.

Disclaimer: This article was contributed and translated into English by Nadirian Emma. 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/2008/09/16/preliminary-draft-budget-with-112-gdp-deficit-endorsed-by-armenian/