National Assembly of the Republic of Armenia | Official Web Page | www.parliament.amNational Assembly of the Republic of Armenia | Official Web Page |
Armenian Russian English French
NA President  |   Deputies  |   NA Council  |   Committees  |   Factions  |   Staff  |   Budget office  |   Legislation   |   News   |   Foreign Relations  |   Library  |   Constituency Relations  |   Competition Council  |   Links
Today in Parliament
Press conferences

Mon Tue Wed Thu Fri Sat Sun
01 02
03 04 05 06 07 08 09
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
Parliament begins debate of annual report on execution of RA 2023 state budget
1 / 7

During 2023, a tax revenue index of 2 trillion 222 billion AMD was provided, which was 23.9% of the gross domestic product (GDP). The nominal level of the revenues or the absolute number of taxes collected does not mean anything by itself, that is why we consider it in relation to the total value created by all of us during the last year, GDP, and compare it with the same indicator of the previous year to record progress or regression. The RA Minister of Finance Vahe Hovhannisyan said this while presenting the annual report on the execution of the 2023 state budget of the Republic of Armenia for debate at the regular sitting of the National Assembly on June 12.

Before moving to digital data, the Minister expressed concern that the interest of both the opposition and the public regarding the state budget execution report is quite low.

According to the rapporteur, 94.2% of the income in 2023 was formed through the taxes and duties paid by citizens and businesses, and it was 0.7 percentage points more than the previous year’s index. In 2023, the average tax rate per capita was almost 750 thousand AMD, 5 years ago - 424 thousand AMD, 10 years ago - 331 thousand AMD.

“Compared to 2021, our expenses have increased by 543 billion AMD, the majority of which goes to the 28 budget programmes that recorded the largest increase,” the Minister said.

Vahe Hovhannisyan informed that the budget deficit was almost completely financed at the expense of internal sources.

He also answered the MPs’ questions and gave clarifications.

Several problems existing for our compatriots forcibly displaced from NK to get appropriate solutions
The draft law on Making Amendment and Addendum to the law on Legal Persons’ State Registration, the Legal Persons’ Separated Sub-divisions, State Accounting of the Institutions and Individual Entrepreneurs and the package of the enclosed presented draft laws was debated in the second reading at June...

Co-rapporteurs present conclusions regarding annual report on execution of RA state budget for 2023
In her related speech regarding the report on the execution of the 2023 budget, the Chair of the NA Standing Committee on Financial-Credit and Budgetary Affairs Tsovinar Vardanyan emphasized several key indicators describing the results of the budget execution: The budget revenues and expenses were ...

Government members speak about execution of 2023 state budget
Among the difficult challenges of the RA Government in 2023 were the issues of social support for our compatriots forcibly displaced from Nagorno-Karabakh. Financial allocations in this direction were one of the important issues of the 2023 state budget. The total sum of expenses for the settlement ...

National Assembly continues work of regular sittings
On June 12, the National Assembly continued the debate of the draft law on Police Guard and the package of the enclosed presented draft laws authored by the Government.On behalf of the RA NA Armenia Faction the Secretary of the Faction Artsvik Minasyan touched upon the cases of non-substantiated, il...

NA President  |  Deputies|  NA Council  |  Committees  |  Factions  |  Staff
Legislation  |   News  |  Foreign Relations   |  Constituency Relations  |  Links  |  RSS