Economy

State budget revenue grows 13,8%

1 minute read

State budget revenue grows 13,8%

YEREVAN, NOVEMBER 27, ARMENPRESS. State budget revenue comprised 1 trillion 708 billion drams in the nine months of 2023, amounting to a 13,8% growth compared to the same period of 2022, Deputy Finance Minister Vahan Sirunyan told lawmakers Monday.

“The state budget revenues were outperformed compared to the plan,” Sirunyan told MPs at a parliamentary committee hearing on the budget performance. “Revenues amounted to 1 trillion 708 billion drams in the nine months of 2023, growing 13,8% compared to the same period of 2022. The expenditures amounted to 1 trillion 633 billion drams, growing 12,7% compared to the same period of 2022, while the execution was 84,6%,” he said.

The surplus was 74,6 billion drams against the originally projected 248,4 billion deficit.

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