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NKR: Annual Budget Has Been Executed Without Debts

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  • NKR: Annual Budget Has Been Executed Without Debts

    ANNUAL BUDGET HAS BEEN EXECUTED WITHOUT DEBTS

    NKR Government Information and
    Public Relations Department
    27.04.2012

    At the session of the NKR Government

    Today a regular session of the NKR Government chaired by the Prime
    Minister Ara Haroutyunyan has been held.

    At first the Executive listened to the account of the NKR budget
    execution of 2011, which was reported by Vice Premier, Minister of
    Finances S.Tevosyan. According to him in 2011 economic growth in the
    republic made up 9,1%. Principal value of GDP made up 135.5 milliard
    AMD (in 2010 it was 118.2 milliard AMD).GDP per head made up 936.1
    thousand AMD against last year's 823.2 thousand AMD. In 2011 the volume
    of industrial production made up more than 39,9 milliard AMD ensuring
    0,8 % actual growth as against 2010. Last year nominal average wage
    of one worker per month was 98453 AMD, as compared to 2010 it grew by
    6,2 %. The reporter noted in parallel to the economic and employment
    raise profits and expenses of the population increased as well. Last
    year, as compared with 2010, cash incomes of the population raised by
    16.6% and amounted 111,5 milliard AMD. Consumer price indices in 2011,
    as compared to December 2010 made up 104.0 %.

    While mentioning state allocation according to spheres the Minister
    of Finances summarized that in 2011 state budget incomes amounted 25
    milliard 756 million 398,1 thousand AMD execution - 95,5%. During
    the accountable year 35 milliard 357 million 944,3 thousand AMD
    intergovernmental credit was received from the RA.

    In 2011 financial resources for state budget deficit were borrowed
    means, budget remains of the beginning of the year and incomes from
    repayment of credits.

    We have no accumulated debts,- he noted.

    The account of 2011 budget executed was approved by the Government
    and submitted to the National Assembly's consideration.

    The Executive adopted several decisions concerning the sphere of
    audit. Mainly the licensing order for realizing audit services,
    form of license order, forms of references about legal and physical
    entities interrelated with auditor. Changes were made in the formerly
    adopted decisions regarding the sphere.

    At the session the Government approved the arrangements program of
    2012 for exploring and using subsoil of NKR. The arrangements will
    be carried out in the zones of villages Taghavart and Zardanashen
    of Martuni region and Mets Tagher of Hadrout region by the State
    Non-commercial Organization "Artsakh geological expedition". 62 million
    AMD will be allocated this year for exploring and using subsoil.

    The Government approved the NKR law project " On asserting the
    annual statement 2011 project implementation of the state property
    privatization of 2010-2012". As it was mentioned in the document 173
    million 456,6 thousand AMD has been debited to the NKR budget in the
    accounting year from alienation of state property. 10 companies out
    of 27 included in the project are in the process of liquidation.

    Liquidation process in 3 companies is completed and in 7 companies
    it is foreseen to complete in 2012. Minister of Economic Development
    K.Yesayan informed that process of state property registration is
    not completed in the republic which gives rise to serious concerns.

    The Government asserted the exploiting order of the completed
    construction.

    According to a Government resolution the order of keeping and carrying
    arms in calculation and assigning ammunition was asserted.

    The Executive adopted a number of resolutions regarding the sphere
    of real estate cadastre.

    Changes were done in the Government decision N 172 of 2011 according
    to which in the communities (except Stepanakert) where cadastre
    cartography is completed the first state registration of ownership
    will be done free of charge.

    The Government allowed the commission formed with the purpose of
    industrialization of Kashen's mining territory to pass cartography
    materials to the CJSC "Base Metals" for official use. In this respect
    Prime Minister mentioned that the commission must work hard in the
    zone of Kashen for settling a number of issues connected with housing,
    social and legal problems. Ara Haroutyunyan assigned a task to the
    chairman of the commission K.Yesayan to inform the society about the
    process of works periodically.

    At the session the Government made a number of changes and amendments
    in the Government decisions formerly adopted.

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