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Naira Badalian

As of August 31, Armenia collected 983.9 billion AMD of taxes with an  annual indicator of 1 trillion 510 billion AMD

As of August 31, Armenia collected 983.9 billion AMD of taxes with an  annual indicator of 1 trillion 510 billion AMD

ArmInfo.As of August 31, 2021, tax revenues (tax revenues and state duties) of the state treasury of Armenia amounted to 983.9 billion drams, or 95.1% of the planned  indicator fixed in the law "On the state budget of the RA for 2021"  for 9 months. The Budget Office of the RA National Assembly informs  about it, referring to the operational data.

It should be noted that according to the approved state budget for  2021, state treasury revenues will amount to 1 trillion 509 billion  462 million 935 thousand drams. Tax revenues (tax collections and  state duties) in the document are fixed at 1 trillion 440 billion 136  million 839.5 thousand drams.

Meanwhile, at the beginning of July this year acting Minister of  Finance Atom Janjughazyan said that based on the results of tax  collections for the first quarter of 2021, adjustments were made and  the indicator recorded in the state budget from 1 trillion 440  billion drams increased to 1 trillion 480 billion drams, and then by  30 billion drams, to 1 trillion 510 billion drams. Thus, the data  announced by the Budget Office of the National Assembly that the tax  revenues collected over 8 months make up 95.1% of the planned  indicator for 9 months relate to the original goal fixed in the state  budget in December 2020.  According to the source, revenues collected  by September 1 of this year exceeded the indicator for the same  period of 2020 by 10.9% or 96.4 billion drams, by 46.5 billion drams  or 5% compared to 2019 and by 211.3 billion drams or 27.3% compared  to the same period in 2018. Over the reporting period, transitional  overpayments amounted to 4.1 billion drams, against 235.2 million  drams in 2020, 136.6 billion drams in 2019 and 55 billion drams in  2018.