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RA State Budget Revenues Grow By 6.5% In January-February 2006 On Sa

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  • RA State Budget Revenues Grow By 6.5% In January-February 2006 On Sa

    RA STATE BUDGET REVENUES GROW BY 6.5% IN JANUARY-FEBRUARY 2006 ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    Apr 04 2006

    YEREVAN, APRIL 4, NOYAN TAPAN. The RA state budget revenues grew by
    6.5% to about 55.1 bln drams (about 125 mln USD) in January-Februry
    2006 on the same period of last year. According to the RA Ministry of
    Finance and Economy, most of the state budget revenues - 85.8% formed
    from tax revenues. The state duty accounted for 3.8% of the budget
    revenues, non-tax revenues - for 5.2%, incomes from capital operations
    - 4.5%, and official transfers - for 0.7% of the revenues. Expenditures
    of over 48 bln drams were incurred with state budget resources during
    the period under review. The budget expenditures grew by 26.5% on the
    same period of last year, which is mainly conditioned by an increase
    in capital expenditures and spending on transfers and services. 10.5%
    of the current budget expenditures - 4.4 bln drams was allocated for
    payment of salaries of state employees. Expenditures on salaries
    increased by 25.7% in January-February of 2006 on the same months
    of 2005.

    From: Emil Lazarian | Ararat NewsPress
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