Thursday, April 6 2023 12:20
Naira Badalian

Despite skepticism, tax revenues of RA state treasury increased by  more than 15%- PM

Despite skepticism, tax revenues of RA state treasury increased by  more than 15%- PM

ArmInfo. Despite the skepticism of many regarding Armenia's ability to ensure the implementation of the revenue item of the state budget for 2023, it can be noted that in  the first quarter of this year, tax revenues to the state treasury  increased by 60.8 billion drams. This was stated by the Prime  Minister of Armenia Nikol Pashinyan on April 6 at a regular meeting  of the Cabinet.

Thus, in January-March 2023, the volume of tax revenues and state  duties reached 461.4 billion drams, which is 15.2% more than in the  same period of the previous year. The program indicator for the first  quarter of 2023 was exceeded by 14.4 billion drams or 3.2%.

During the reporting period, about 93.5 billion drams were returned  to taxpayers and individuals, which is 42.2 billion drams or 82.2%  more than in the same period last year.  The income tax refund  increased by 4.4 billion drams, or by 49%, to 13.4 billion drams,  compared to the same indicator for 2022.

In the first three months, invoices were issued for 2.4 trillion  drams, which is 591 billion drams or 31% more than in the same period  of 2022. Including, sales receipts were issued for 564 billion drams  (about $14.4), or 48.7 billion drams or 9.4% more