Announcement

Collapse
No announcement yet.

State budget fulfilled with surplus of AMD 23.3bln in Jan-Nov 2007

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • State budget fulfilled with surplus of AMD 23.3bln in Jan-Nov 2007

    ARKA News Agency, Armenia
    Dec 27 2007


    Armenia's state budget fulfilled with surplus of AMD 23.3bln in
    Jan-Nov 2007


    YEREVAN, December 27. /ARKA/. Armenia's state budget was fulfilled
    with surplus of AMD 23.3bln (without financing of targeted credits of
    foreign sources within the international credit program) in
    January-November 2007, the press service of the Ministry of Finance
    and Economy told ARKA.

    In accordance with the data, home source of state budget financing
    totaled minus AMD 27.6bln, and foreign ones - AMD 4.3bln. Due to
    exchequer state bonds the financing of the state budget totaled AMD
    8bln (the issue of AMD 37.4bln, and redemption - AMD 29.4bln). At the
    same time due to the foreign sources of financing the state budget
    deficit of AMD 698.2mln was directed to redemption of bills. Free
    budget means increased by AMD 34.8bln.

    According to the Ministry of Finance, during the accounting period
    AMD 10.2bln was received within the World Bank poverty reduction
    program.

    The expenditures for redemption of foreign liabilities totaled AMD
    5.9bln.

    AMD 2.7bln of the above-mentioned sum was given to the WB, AMD 2.5bln
    - to the EBRD, and $616.8mln - for the redemption of goods credits of
    the USA.

    In January-November 2007 the state budget revenues in Armenia
    increased by 32.1% or AMD 123.7bln as compared to the same period in
    2006 and totaled AMD 509.4bln, and the expenditures increased by
    24.1% or by AMD 94.6bln and made AMD 486.6bln. ($1 - AMD 304.27).
    -0--
Working...
X