Google Extention
Friday, October 28


“Tough” budget is planned for 2017, Armenian PM says

 Thursday 29 September 2016
Karen Karapetyan
Photo: Photolure

Karen Karapetyan


Government of Armenia approved draft state budget for 2017 during today’s session. 

“We planned a rather tough budget for 2017, which the numbers verify: we plan to increase incomes by about AMD 70 billion and decrease expenditures by about AMD 100 billion,” said Prime Minister Karen Karapetyan.

Minister of Finance Vardan Aramyan noted that additional tax revenues are expected next year as a result of administrative mechanisms. 

“We were relatively traditional in regard to expenditures and planned AMD 1 trillion and 360 billion for the whole year. In this case, we will keep budget deficit at about 2.8%, which is reduced by half in comparison with the index of 2016,” Vardan Aramayan said.

< Back
Total views  11319
Dear visitors, You can place your opinion on the material using your Facebook account. Please, be polite and follow our simple rules: you are not allowed to make off - topic comments, place advertisements, use abusive and filthy language. The editorial staff reserves the right to moderate and delete comments in case of breach of the rules.
Back to top
Banks.am-ի նյութերին մշտապես տեղյակ լինելու համար սեղմեք
Архив новостей
Day Month    Year