YEREVAN. – Armenian state budget had income of over AMD 482.2 billion ($1.3 billion) during the first six months, while expenses were AMD 492.7 billion ($1.33 billion), Armenian Ministry of Finance informs Armenian News-NEWS.am.

The state budget income increased by 9.9 percent or AMD 43.4 billion ($117 million) based on taxes comparing to the same period in 2010.

Taxes and duties made over AMD 373.4 billion ($1 billion) of the state budget for the period of January to July of this year. Low executive budget injections had a negative impact on the overall implementation of taxes and duties.