NATIONAL ASSEMBLY STARTS DISCUSSION OF ANNUAL REPORT ON
EXECUTION OF 2007 STATE BUDGET
20-05-2008 19:00:00 | Armenia | Economy
YEREVAN, MAY 20, NOYAN TAPAN. The RA National Assembly on
May 20 started discussion of the annual report on execution of
the 2007 state budget.
According to the deputy minister of finance, chief
treasurer of the RA Atom Janjughazian, 13.8% economic growth was
registered in 2007, which exceeds by 4.8% the programmed index.
Per capita GDP made 975,907 drams in nominal expression, growing
by 18% as compared with 2006.
The level of unemployment declined by about 0.4% on the
previous year and made 7.1%. The number of the unemployed made
82,800 in 2007. The annual incomes of the population increased
by 25.7% as compared with 2006, the average salary grew by 21.2%
and made 77,469 drams.
The nominal settlement exchange rate of the Armenian dram
against the US dollar made 304.1 drams in December 2007,
increasing by 16.6% as compared with December of the previous
year. According to customs statistics, the foreign trade of
Armenia amounted to 4.439 billion dollars, growing by 39.7% on
2006. In 2007, exports grew by 17.5%, imports - by 40.7%.