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State Budget Revenues From State Duty Grow by 12.1% year over year

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  • State Budget Revenues From State Duty Grow by 12.1% year over year

    RA STATE BUDGETARY REVENUES FROM STATE DUTY GROW BY 12.1%, NON-TAX
    REVENUES INCREASE 1.3FOLD IN JANUARY-MAY 2007 ON SAME PERIOD OF LAST
    YEAR

    YEREVAN, JUNE 29, NOYAN TAPAN. In January-May 2007, the RA state
    budgetary revenues from state duty made over 7.5 bln drams (about 20.9
    mln USD), as a result of which the program for the first half of 2007
    and the annual program were fulfilled by 93.2% and 39.2% respectively.

    According to the RA Ministry of Finance and Economy, the revenues from
    state duty grew by 12.1% or 811.1 mln drams on the same period of 2006,
    which was mainly conditioned by an increase in duties from consular
    services, provision of juridical documents to natural persons,
    licensing services.

    Non-tax revenues of the state budget amounted to 21.5 bln drams in
    January-May 2007, which ensured the fulfilment of the programmed index
    for the first half of 2007 by 213.6%: this index exceeded 1.3fold that
    of the same period of 2006. The growth in non-tax revenues was mainly
    conditioned by 4,6 bln drams paid under the reconciliation agreement
    signed with ArmenTel CJSC, 6.8 bln drams transferred to the state
    budget as a result of privatization of the Zangezur Copper and
    Molybdenum Enterprise CJSC, and by a growth in interest payments from
    placement of available budgetary resources.
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