YEREVAN. – From January to November 2013, the Armenian state budget revenues amounted to over 967.7 billion drams and the expenditures made up around 901.1 billion drams, which secured the performance of the government’s annual plan by 89.9 percent and 84.6 percent, respectively.  

The state budget revenue growth rate increased by 15.1 percent, as compared to last year’s 10.8 percent, the Finance Ministry press service informs. 

A total of 94.4 percent of the state budget revenues came by way of tax revenues and state fees.

Tax revenues and state fees totaling about 914.2 billion drams have entered the budget, and they comprised 89.8 percent of the annual plan. These revenues increased by 15.4 percent, as compared to the same period in 2012.  

The state budget expenditure growth rate made up 8.4 percent, as compared to the 4.4 percent in the previous year.

The internal sources of free money have increased by 77 billion drams, instead of the 33 billion drams envisioned by the annual plan.

In line with the current exchange rate, USD 1 is equivalent to approximately AMD 408.