Thursday, June 1 2023 22:42

ArmInfo.In January-May 2023, the volume of tax revenues (income and state duty) of the state treasury  of Armenia reached 912.2 billion drams, which is 150.4 billion drams or 19.7% more than in the same period last year.

According to the data of the RA State Revenue Committee, about 151.9  billion drams were returned to taxpayers and individuals over 5  months, which is 62.1 billion drams or 69.1% more than in the same  period last year.

In 2022, Armenia collected taxes for 1 trillion 926 billion drams,  against the planned 1 trillion 844 billion drams. In 2023, in the  context of a 7% GDP growth (nominal GDP will amount to 9 trillion  317.9 billion drams), a 5% deflator and 5.6% inflation, they plan to  collect tax revenues (taxes and state duties) for 2 trillion 203.7  billion drams (23.7% of GDP). In general, state treasury revenues  will reach 2 trillion 302 billion drams (24.7% of GDP), while  expenditures will reach 2 trillion. 591 billion drams (27.8% of GDP),  of which current expenditures - 2 trillion 043.3 billion drams (21.9%  of GDP), and the deficit - 288.9 billion drams (3.1% of GDP).