YEREVAN. – In 2016, the share of taxes and fees will total 21.7 percent of Armenia’s GDP.  

The respective 2015 projection amounts to  24.5 percent, whereas the actual 2014 share had made up 22.6 percent.

The abovementioned was noted at the 2016 State Budget draft debates, which kicked off Monday in the National Assembly. 

Accordingly, the current expenses will account for 90.6 percent of next year’s state budget expenditures, and the costs of non-financial assets will make up the rest.

In addition, the state budget expenditures have increased by 5.2, as compared to those planned for the current year.