Armenia set to have a sustained economic development budget in 2011
Minister of Finance Tigran Davtyan told the press conference which was held today at the Press Center of Government that Armenia will enjoy a sustained economic development budget in 2011. Budget receipts will stand at AMD 875bn next year, well above this year’s actual performance. According to the Minister, AMD 650bn will be raised in tax revenue, instead of the current 570 billion. The expenditure side will rise to nearly AMD1 trillion, 63 billion up this year’s indicator, and... more »