ArmInfo. During January-October 2016 formed AMD 193.6 bln or $403 mln (approximately 4,8% of GDP.), increasing in annual view for 22,7%,versus sharp - 10 times - dropdown of last year- within growing deficit
According to the National Statistics Service of Armenia, stet budget revenues in annual view have decreased for 1% (versus 1% growth a year ago), forming AMD 931.2 bln within expenditures slowing down the growth trend from 16% to 2,4%, forming AMD 1124.8 bln. In the monthly wiew the sharp decrease from the January proficient AMD 21.3 bln ў to February deficite of AMD 35.3 bln with further decrease of deficit down to AMD 23.8 bln in March (monthly reduction for 33%), after which the April growth for 11,7% up to AMD 26,5 bln took place, changed to 59,2%- dropdown to AMD 10.8 bln with a slowdown for 12% and down to AMD 9.5 bln in June, with further sharp 3,4 times growth in July, falling down than in August for 71,3%, jumping twice bigger in September and 2,4 times in October up to AMD bln within the revenues dropdown for 7,1% , at the expenditures increase for 14,8% (AMd 95.3bln Ё 139.2 bln respectively).
In the structure of the revenues the share of taxes and fees grew from 93,6% to 94,4% in an annual view (January-October 2016 versus the same period of the last year), in a monetary formula decreasing for 0,2% down to AMD 878.8 bln (versus 0,3% growth a year ago). Particularly, the custom fees revenues showed dropdown for 12,7% - to AMD 45,1 bln , the vat incomes descreased for 10,7% - to AMD 313,9 bln, environment and nature protection fees decreased for 12,2 % to AMD 23 bln, and the tax revenue collection gap formed AMD 13, 5 mln (versus AMD 159,9 mln a year ago). At that, the most essential growth is fixed from turnover tax - for 28,6% - to AMD 12,7 bln, and inrespect to benefit tax - for 23,8% down to AMD 107,4 bl social payments - for 23,5% - to AMD 10,6 bln, compulsory social fees - for 11,5% to AMD 7,3, bln.. At the same time the revenue tax incomes growth for 4,6% - to AMD 363, 9 bln, fixed fees - for 1,6% to 2,6 bln and state fees revenues - for 1,5% to AMD 26,8 bln. At the same time the budget expenditures show fast growth due to all the items of the budget, excluding the goods and works procurement - for 36,8% up to AMD 125,4 bln, and expenditures on non-financial assets - for 25,8% to AMD 40.4 bln. The leaders of the annual aspect growth are the subsidies expenditures - for4,6 times - up to AMD 93,7 bln, and state debt interest payments - for 32,1 % up to AMD 90,3 bln, AMD 49 bln of which with annual growth for 32,4% - due to the foreign debt. In the expenditure structure AMD 128,4 bln was allocated for grants , with an annual growth for 7%, and AMD 335,4 bln - for welfare and pensions with the annual growth for 4,1%, and AMD 110.4 bln with annual growth of 0,6%.
To remind, in 2015 the state budget of Armenia was completed with the defixit of AMD 231,2 bln with annual decrease in 2,5 times, being deepened before that 9 times in 2014. Particularly, the budget incomes increased only for 0,9% - up to AMD 1.147 trln, having the expenditures grown for 12,2 % up to AMD 1.378 trln. In 2014 the budget was implemented with AMD 91,7 bln deficit, versus AMD 10,2 deficit a year before. ( the average exchange rate in January-October 2016 AMD 45 /USD 1.
