Armenian Treasury head reports to the parliament

In 2010 the budget flow in Armenia in revenues amounted to 773 billion drams, 725 billion of which are internal resources, the rest of which are grants, news.am reports.

The head of the State Treasury, Atom Dzhandzhugazyan, reporting to parliament on the 2010 budget , stated that the planned level of revenues was surpassed by 30.8 billion drams. As for grants, only 64.3% of planned revenue flows were implemented.

The correlation between GDP and budget revenues was 22.5% in 2010, which is 3% more than in 2009.