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Budget Revenues In January-April Rose 28 Percent

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  • Budget Revenues In January-April Rose 28 Percent

    BUDGET REVENUES IN JANUARY-APRIL ROSE 28 PERCENT

    ARMENPRESS
    May 31 2007

    YEREVAN, MAY 31, ARMENPRESS: In January-April the Armenian government
    collected 150.2 billion Drams in budget revenues and spent 140.8
    billion Drams. The figures made 66.2 and 53.5 percent of revenues and
    spending respectively, projected by the government for the first six
    months of the year.

    Armenian finance and economy ministry said these figures made 29.6
    and 25.9 percent of revenues and spending respectively, projected
    for the entire year.

    It said budget revenues in the first four months of 2007 rose 28.2
    percent from a year (33.1 billion Drams), of which 26.5 percent were
    a taxes and dues, 5.6 billion were off budget revenues, 1.2 billion
    Drams were incomes from capital operations and 222 million Drams came
    as official transfers.

    Incidentally, 84.7 percent of all budget revenues in January-April
    were taxes. State dues made 3.8 percent, non-tax revenues made 8.3
    percent, incomes from capital operations were 3.1 percent and official
    transfers made 0.1 percent of all revenues.

    Almost 80 percent of the spending in the reported time were current
    expenditures, 16.1 percent were major expenditures and 4.2 percent
    were credits.

    Budget spending rose 21 percent from a year 9 or by 24.4 billion Drams.
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