Friday, July 23 2021 11:59
Naira Badalian

Tax revenues of the Armenian state treasury as of July 20 amounted to  865.2 billion AMD with an annual indicator of 1 trillion 510 billion  AMD

Tax revenues of the Armenian state treasury as of July 20 amounted to  865.2 billion AMD with an annual indicator of 1 trillion 510 billion  AMD

ArmInfo.As of July 20, tax revenues of the Armenian state treasury amounted to 865.2 billion drams, which is 83.6% of the approved target for 9 months of 2021.

As reported by the Budget Office of the National Assembly of Armenia,  as of July 20, 2021, the volume of tax revenues and state duty  exceeded the same indicator of 2020 by 11.5% or 89.4 billion drams,  and the figure for 2019 - by 31.9% or 209.2 billion drams. ...

During the reporting period, the volume of transitional overpayments  decreased to 4.1 billion drams, against 201.5 billion drams in 2020,  136.6 billion drams in 2019 and 55 billion drams in 2018.

To recall, on July 1, acting Armenian Prime Minister Nikol Pashinyan  said that the forecast for the growth of Armenian GDP for 2021 is  being revised upward - from 3.2%, laid down in the Law on the State  Budget for 2021, to 6%. Pashinyan backed up his words with data on  tax collections for the first half of the year. In particular, as the  chairman of the State Revenue Committee of Armenia Edward  Hovhannisyan said, for January-June 2021, the actual tax collections  of the Armenian state treasury are 750.2 billion drams, instead of  the planned figure of 683 billion drams. The adjusted program  indicator for the reporting period, according to him, will make 697.7  billion drams. In this context, as the chief tax officer pointed out,  the over-fulfillment for the first 6 months will amount to 52.5  billion drams. Acting Minister of Finance Atom Janjughazyan recalled  that based on the results of tax collections for the first quarter of  this year corrections were made and the figure recorded in the state  budget increased from 1 trillion 440 billion drams to 1 trillion 480  billion drams, and then by 30 billion drams, to 1 trillion 510  billion drams.