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August 17
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YEREVAN. - In 2015 Armenia received 17.6 bln AMD transfer from Eurasian Union (EAEU) customs fees (approx $37 mln), reads the Report on 2015 Armenian State Budget Performance, the discussion on which was launched in the Armenian parliament Monday.

Before entering the EAEU in 2015, Armenia hoped to get nearly $300 mln from the common stock in the first year, considering the results of 2013.

That year three republics of the Customs Union collected $26 bln duties, and Armenia’s 1.13 percent should thus have constituted $294 mln.

However, considering the deterioration of microeconomic conditions and drop in the commerce, Armenia received 17.6 bln AMD duties (converted to national currency), itself levying 43.9 bln AMD.

Thus, the revenues from customs duties made up 61.5 bln AMD in total or about 5.8 percent of the overall budgetary income. 

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