NATIONAL ASSEMBLY COMPLETES DISCUSSION OF 2007 STATE
BUDGET'S EXECUTION
21-05-2008 17:00:00 | Armenia | Economy
YEREVAN, MAY 21, NOYAN TAPAN. The RA National Assembly on
May 21 completed the discussion of the annual report on
execution of the 2007 state budget. By the report, the actual
revenues made 588 bln drams, the execution - 104.6% as compared
with 2006, the growth made 33.2%. The expenditures made 634.7
bln drams, the execution - 100.3%, the growth as compared with
2006 - 31.9%. The deficit amounted to 46.7 bln drams, the
execution - 66.2%, the growth as compared with 2006 made 17.6%.
In his concluding speech the prime minister Tigran Sargsian
thanked the NA deputies for thier active discussions and assured
them that no comment and proposal has escaped the government's
attention. He said that during discussions of the draft budget
of next year, the government will try to give detailed and
exhaustive answers to all the issues of interest to deputies.
The vote on the 2007 state budget's execution will be held
on May 22. "Heritage" is the only faction that intends to vote
against the execution. The faction's representative Armen
Martirosian explained their position by the fact that the 2007
state budget failed to solve the social problems of ordinary
citizens and outline the steps for the further economic
development of Armenia.