Budget revenues exceeded 103.1bn AMD, and budget expenditures 106.2bn AMD in Armenia this January-February. The press service of the RA Ministry of Finance informed NEWS.am that, during the period under review, the quarterly budget revenue program was implemented 68.3% and the quarterly budget expenditure program 57.5%. Also, the annual budget revenue program was implemented 14.3%, and the budget expenditure program 12.6%.

The budget revenues showed a 21.8% increase as compared with last January-February. Tax revenues and state dues increased by 19%. The state budget deficit reached 3bn AMD against 14.3bn AMD last January-February.

This January-February, the external financing of Armenia’s state budget totaled 7.5bn AMD or 58.6% of the planned financing.

No official external grants were received this January-February.

T.P.