Friday, December 17 2021 16:01
Naira Badalian

Budget tax revenues reach 99.9% of the target by Dec. 10, 2021

Budget tax revenues reach 99.9% of the target by Dec. 10, 2021

ArmInfo. By December 10, 2021, the tax revenues of Armenia`s consolidate budget had totaled AMD 1,438.6bln (over $ 3,003,514,000), 13.9% (AMD 175.3bln) more than in  the corresponding period of last year. 

This is AMD 10.3bln or 7.7% more than in 2019 and AMD 321bn or 28.7%  more than in 2018.  According to the official report, the budget tax  revenues reached 99.9% of the target and 92.9% of the adjusted  figure. 

Overpaid taxes totaled AMD 4.1bln against AMD 354.4mln for 2020, AMD  134.4bln for 2019 and 55.3bln in 2018. 

According to the revised 2021 state budget, tax revenues (taxes and  state duties) are to reach AMD 1,524bln against AMD 1,440,136,839,500  incorporated in the 2021 draft budget.  

However, the RA State Revenue Committee stated this September that  the revised figure, with an additional AMD 85bln, could even be  exceeded.