ArmInfo. Over the past 2 years, the budget revenues of Armenia have increased by 44%, David Ananyan, head of the State Revenue Committee of Armenia (QHD), told reporters at a press conference today, summing up the results of fiscal policy for 2019.
Ananyan recalled that earlier in his political statements, Prime Minister Nikol Pashinyan said that in 2 years the country has the opportunity to increase budget revenues by 30% -40%. In fact, according to the head of the department, this indicator was achieved.
According to Ananyan, it is necessary to take into account that over the past 2 years, the State Revenue Committee has returned to tax agents about 200 billion drams through debit overpayments and on balances of the so-called transitional over payments. This means, the head of the department noted, that the CGD, at the expense of the collected funds, in 2018-2019 reduced the state's debt obligations by this amount and thereby reduced the actual indicator of budget revenues. According to him, if in 2018 the actual tax rate was 1 trillion. 158 billion, and at the end of 2019 - 1 trillion. 464 billion, then to the difference of 306 billion it is necessary to add the above 200 billion. drams and as a result get the total budget revenue, which thereby increased by 44%.
Ananyan recalled that Armenia's GDP in 2019 amounted to 6 trillion. 756 billion drams of which 1 trillion. 401 billion, or 20, 74% were planned as tax revenues. However, the actual implementation amounted to 1 trillion. 464 billion, but excluding the return to tax agents of debit debts of 42.8 billion drams. Taking into account these amounts of return, tax revenues amounted to 1 trillion. 507 billion, which indicates that last year the indicator of budget revenues was exceeded by 105.2 billion drams.
