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YEREVAN. – The State Revenue Committee (SRC) of Armenia has ensured 860.5 billion drams (about $1,799,193,635) in tax revenues, over the course of the first nine months of this year, SRC Chairman Vardan Harutyunyan said at a press conference on Wednesday.

In his words, the country’s state budget revenues have grown by more than 74 billion drams (about $154,724,380), or 9.4 percent, as compared with the first nine months of the previous year.

“It’s noteworthy that the growth of revenues has been ensured thanks to improving the efficiency of tax administration, [and] under the condition of reduction of overpayments, loans, and [tax] inspections,” Harutyunyan added.

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