In January-March 2023, the volume of tax revenues and state duties to the state budget of the Republic of Armenia amounted to 461.4 billion drams (about $1.18 billion). This is by 60.8 billion drams or 15.2% more than in the same period last year. Thus, in the first quarter of 2023, almost 2 times more taxes and state duties were collected than in the same period of 2018.
