State budget proficit of Armenia increased by October 2019 to $ 199.8  million

ArmInfo. The proficit of the state budget of Armenia in January- September 2019 amounted to 95.1 billion drams ($ 199.8 million).

In y-o-y terms, this indicator increased by 8.4 fold, with the way  out of the deficit to a  proficit. As a comparison, we note that in  January-September 2018 the budget was closed with a deficit, but even  then there was a decline - by 84% per annum.

According to the RA Statistical Committee, the y-o-y budget revenues  of Armenia sharply accelerated growth from 6.2% to 21.6%, exceeding  1.148 trillion drams, and the dynamics of expenditures unfolded from  a 2.3% decline to a 9.8% increase, amounting to 1.053 trillion drams.

To note, the average calculated exchange rate of dram in  January-September 2019 amounted to 481.52 dr / $ 1. As of September  30, 2019, the settlement rate of the dram was 475.97 dr / $ 1.