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Budgetary Revenues of Armenia Increase By 17.6% in 2006

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  • Budgetary Revenues of Armenia Increase By 17.6% in 2006

    BUDGETARY REVENUES OF ARMENIA INCREASE BY 17.6% IN 2006

    YEREVAN, FEBRUARY 1, NOYAN TAPAN. In 2006, the RA state budgetary
    revenues made over 438.7 bln drams (more than 1 bln 54 mln USD), while
    expenditures - 454.1 bln drams. The programmed indices approved by the
    Armenian government were fulfilled by 104.2% and 98.2% respectively.

    According to the press service of the RA Ministry of Finance and
    Economy, state budgetary revenues grew by 17.6% or about 65.8 bln
    drams on 2005. Taxes and duties increased by 62.4 bln drams, revenues
    from capital operation s- by 3.6 bln drams, official transfers - by
    2.5 bln drams, whereas non-tax revenues declined by 2.7 bln
    drams. Most of the state budgetary revenues - 83.2% formed at the
    expense of tax revenues. State duties made up 4.3% of budgetary
    revenues, non-tax revenues - 6.1%, revenues from capital operations -
    3.6% and official transfers - 2.8%.
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