budget of RA began in the permanent commissions of the National Assembly.

Headline, Economics, Daily news | | May 22, 2010 16:01

Connected with the negative influence of world financial-economical crisis on the economy of Armenia after the rise of economy by 8.8% last 15 years, there was 14.4% depression of economy in 2009. This fact is recorded in the yearly report “About the state budget of the RA in 2009”, which primary discussion began in the conference of the permanent commissions of the National Assembly.
The internal total result was 3165,5 milliard dram in 2009. The depression was noticed in all the fields of economy comparing with 2008, there was a decrease in foreign trade turnover and amounted 4milliard dollars, shortening by 27% comparing with 2008. In the reporting period there was a shortening of the volumes of export and import, the export decreased by 34%, amounted 697.8 million dollar, and the import decreased by 25.3%, amounted 3.3 milliard dollar.
“All the initiatives of the Government for the maintenance of macroeconomic stability had the aim of increasing the tax-budgetary policy, trying to response the negative influences coming from the external world and to save the business activity of economy”, the Prime Minister of the RA Tigran Sargsyan said in his report.
It was also mentioned that the Government involved financial assets extending the external debt and so made all the social obligations of the state. In these conditions the pensions were increased by 16%, and the average salary –by 11%.
In fact the incomes of the state budget conceded their program parameter by 25.5% or 235.9 milliard drams, amounted nearly 690milliard dram or 21.8% of the internal total result instead of 21.5% in 2008. The tax incomes including social insurance payments amounted 19.8% of the internal total result instead of 19.9% in 2008.
The executer of the state budget expense of the RA amounted 93.6% or 929.1 million dram in 2009. Expenses/ the internal total result increased by 7.2% and amounted 29.4% comparing with 2008.
The state budget was done with 239.1 milliard dram shortage instead of 66.6 milliard dram. Shortage/the internal total result amounted 7.55% instead of 1% and 0.67% in 2008.
On December 31 in 2009 the external state debt was 2,966milliard dollar or 35.4% of the internal total result instead of 1,577milliard dollar or 13.3% of the internal total result in 2008. The main part of the debt, 2,466milliard dollar, is the immediate credit obligation of the Government of the RA and 500.8 million dollar are the credit obligations of the Central Bank.
The exchange rate of 1dollar was 363.28 dram in 2009, comparing with 305.97dram in 2008.

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