“Zhoghovurd” newspaper has reported the official data released by the RA State Statistical Committee regarding the state budget of the RA for January 2024. The key figures are as follows: revenue amounts to 68 billion AMD, expenditure stands at 116 billion AMD, and the deficit reaches 184 billion AMD.
Comparing these figures to the previous year, both revenue and expenditure have decreased. However, the allocation of financial resources for state budget expenses has increased by approximately 23 billion AMD.
In light of these developments, amendments to the Tax Code are being introduced to enhance and streamline the banking system as a whole, ensuring transparency in financial inflows and outflows.
Furthermore, the government is implementing measures to combat the underground economy, which is a major source of corruption, by obligating individuals with substantial income to pay taxes.
It is worth noting that the objective of the city dweller, referred to as the “tax burden intellectual,” is to demand accountability from irresponsible citizens and reduce their wasteful expenses.
For more detailed information, readers are encouraged to refer to today’s issue of the newspaper.