Tuesday, May 16 2017 16:31

ArmInfo. Under the Chairmanship  of the Armenian Prime Minister Karen Karapetyan in Armenian  Government another meeting of the permanently active Supreme Council  took place on modification of a program on mid-term consumptions.  

As the governmental press service told ArmInfo, the participants  discussed and approved basic macroeconomic indicators and  tax-budgetary policy, included in the project of the program on  mid-term consumptions for 2018-2020. 

At the same time, the budget financing quotas were approved in  corresponding sectors clarified for 2018- 2018 and oriented on 2020.

According to National Statistical Service, the deficit of the state  budget in January-December 2016 was 272.5 billion AMD with annual  growth by 11.2%. The consumptions of the state budget in 2016 grew by  0.7% to 1.2 trillion AMD with growth of consumptions by 2% to 1.4  billion AMD. In the first quarter of 2017, the deficit of the budget  was 19.2 billion AMD, having decreased almost twice in the annual  cut.  Moreover, the budget revenues in the annual section increased  by 7.9% to 270.3 billion AMD, and expenses - by 2.1% - to 289.5  billion AMD. (The calculated exchange rate of the AMD to the USD was  483.94 AMD/USD1 as of December 31, 2016, and 483.45 AMD/USD1 as of  31.03.2017).