In January-October 2019, the state budget revenues of Armenia increased by 20% compared to the same period in 2018
ArmInfo.In January-October 2019, the revenues of the state budget of the Republic of Armenia increased by 20% compared to the same period in 2018 and by 32%
compared to 2017. This was reported by the official page of the
Armenian government on Facebook. The total amount of tax revenues
and state duties accrued to the state budget in January-October 2019
amounted to 1 trillion 196.7 billion drams. In January-October 2018,
state budget revenues amounted to 1 trillion 1 billion drams, and in
2017 - 907 billion drams.
It should be noted that, according to the Law "On the State Budget of
the Republic of Armenia for 2019", the nominal GDP by the end of this
year will be 6.566.5 billion drams. Expenditures forecasted at 1.648
trillion drams, revenues - 1.496 trillion drams, with a deficit of
151.6 billion drams.