Economy

Costs of budget for nine months increased for 4, 5 percent

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Costs of budget for nine months increased for 4, 5 percent

YEREVAN, DECEMBER 4, ARMENPRESS. The costs of the state budget of the Republic of Armenia increased for 4, 5 percent for January-October, 2012 in comparison with the same period of the previous year. The total sum equals to AMD 32, 1 billion. As reports "Armenpress" the Head of Department of Reporting and Analysis Budget Execution Gayane Zargaryan announced this during the briefing.

According to her there is a growth of current costs, as to the operations relating to non-financial actives, the Ministry of Finance of the Republic of Armenia recorded decrease. The current costs equal to AMD 691, 9 billion, which provided the realization of the annual project for 77, 8 percent. In comparison with the same period of the last year there has been a growth of 8, 2 percent or AMD 52, 5 billion.

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