YEREVAN. - The analysis of our statistical data include various issues and red lamps, which hint us where to go and what to do.

Prime Minister of Armenia Karapetyan said the aforementioned at the discussion on the work carried out by the ministries in 2016 and the priorities for 2017.

Finance Minister Vardan Aramyan, for his part, reported that in 2016, the State Budget revenues amounted to 1155.0 billion AMD (without the funds received within the framework of the target programs financed from external sources), growing by 0.7 percent as compared to the analogous period last year. Besides, the tax revenues and duties increased by 1,079.7 billion AMD, exceeding the analogous period index of last year by 1.1 percent.

The Minister noted that the tax and budgetary discipline has improved, the involvement of additional funds increasing at the expense of issuing new bonds.

As a result of the legislative changes in the sphere of procurements, the forms of purchases have reduced and an effective extra-judicial appeal system has been formed.  Apart from this, the scope of the clients using ARMEPS/PPCM system and purchases carried out by the electronic purchase system has been expanded.

Among the priorities for 2017, the Minister noted the introduction of programs implemented by foreign funding and coordination system, as well as creation of a program database.

Referring to the actions of the Finance Ministry in 2017, PM Karapetyan noted that the financial flows and expenses should be managed roughly and harshly. “We have quite an interesting micro and macro analysis based on which I propose to precisely formulate the field, where the State Revenue Committee (SRC) should bring the shadow to the “white field”. The analysis of our statistical data include various issues and red lamps, which hint us where to go and what to do,” he said, attaching importance to the organization of regular discussions in the Center of Strategic Initiatives.