In 2023, each resident of Armenia paid on average almost 750 thousand drams in taxes

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YEREVAN, 12 June. ARKA/. In 2023, each resident of Armenia paid on average almost 750 thousand drams ($1,930) in taxes, Finance Minister Vahe Hovhannisyan said on Wednesday./pp

At the same time, the minister noted that five years ago this amount was 424 thousand drams, and ten years ago - 331 thousand drams./pp 'This is an average figure for all residents of the country,’ Hovhannisyan said at the session of the National Assembly, presenting the report on the execution of the state budget in 2023./pp

He also noted that these figures testify to more efficient tax collection by the state. According to him, citizens have become more conscious about paying taxes./pp

Armenia's State Revenue Committee (SRC) collected a total of AMD 2.2 trillion in revenues in 2023, exceeding the previous year's figure by AMD 296 billion or 15.4 per cent, as state budget revenues almost doubled compared to 2017 ($1 - AMD 387.61). --0--/pp nbsp;/p