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Deficit of 15.4 Million AMD

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  • Deficit of 15.4 Million AMD

    A1+

    DEFICIT OF 15, 4 MILLION AMD
    [04:28 pm] 01 February, 2007

    The incomes of the RA 2006 State budget surpassed 438.7 milliard AMD,
    whereas the expenses were over 454.1 milliard AMD.

    To note, in comparison with the 2005 data, the income has increased by
    17.6%, that's to say by 65.8 milliard AMD. It is due to mention that
    the taxes and duties increased by 62.4 milliard AMD and the income of
    capital circulation - by 3.6milliard AMD.

    According to the press service of the Ministry of Finance and Economy,
    the income tax of the RA state budget was 35.5 milliard AMD which
    exceeds the index of the previous year by 33.3% or 8.9 AMD. The key
    sources of the growth were the incomes accumulated from the payments
    and commitments of working contracts.

    Over 95.2 milliard AMD was allotted from the state budget to the
    compensation of the interior debt and over 3.8milliard - to the
    exterior debt. The expenses of the state debt lessened 9.1% in
    comparison with the 2005 index.

    Over 17.1 milliard AMD was allotted to crediting, 16.1 milliard of
    which was allotted to the NKR. Credits of over 1.2 milliard AMD were
    returned to the state budget, 327.9 million of which was paid back by
    Georgia.

    On the whole, the RA 2006 state budget was completed with a deficit of
    15.4milliard AMD.
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