Deputy finance minister: Deviation expected from programmed tax revenue indices
A deviation from the tax revenues programmed under the state budget of Armenia can be expected, Deputy Finance Minister Pavel Safaryan told reporters today.
“There will be no problems related to social expenditure, but a deviation is expected from tax revenues planned by the state budget. In other words, less revenue will be collected, and I say this every months,” Safaryan stressed.
The National Assembly of Armenia adopted on December 9 the 2016 state budget of the country. The budget deficit is expected to make up 3.5% of GDP. Real GDP growth is planned at 2.2% by the state budget.