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Standing Committee on Budget, Financial and Economic Management Convened a Meeting
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Standing Committee on Budget, Financial and Economic Management Convened a Meeting

 

 

 

May 2, Standing Committee on Budget, Financial and Economic Management of the National Assembly headed by Aram Grigoryan convened a meeting to discuss the draft law “On Making Amendments to the Law of the Republic of Artsakh “On the State Budget of the Republic of Artsakh for 2019”.

 

Aram Grigoryan informed that on the initiative of the initiator, the draft will be discussed in a special procedure - in two readings on the same day.

Presenting the bill, the authorized representative of the government, Minister of Finance Artur Harutyunyan noted the adoption of the law is conditioned by the amendements made in the December 20, 2018 Arbitrary Code of the Republic of Artsakh and in the March 27, 2019 “Law on Environmental and Natural Resources Payments” of the Republic of Artsakh. According to the Minister, the project proposes to increase by 3 billion drams the 2019 state income tax revenues and state duties and add the same amount to the 2019 state budget investment program.

The MPs have received clarifications from the Finance Minister in the format of questions and answers. After voting, the committee endorsed the bill.