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RA State Budgetary Revenues Grow By 34.8% In First Quarter Of 2007 O

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  • RA State Budgetary Revenues Grow By 34.8% In First Quarter Of 2007 O

    RA STATE BUDGETARY REVENUES GROW BY 34.8% IN FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    May 08 2007

    YEREVAN, MAY 8, NOYAN TAPAN. In the first quarter of 2007, the RA
    state budgetary revenues made 110.7 bln drams (about 308 mln USD),
    while expenditures made 93.1 bln drams, which ensured 107.5% and
    78.6% respectively of the quarterly program approved by the RA
    government. According to data of the RA Ministry of Finance and
    Economy, the annual program of the indicated indices was fulfilled
    by 21.9% and 17.4% respectively.

    State budgetary revenues grew by 34.8% or 28.6 bln drams on the same
    period of last year. Out of this amount, taxes and duties grew by 19.7
    bln drams, non-tax revenues - by 7.2 bln drams, revenues from capital
    operations - by 2 bln drams, whereas the amount of official transfers
    declined by 222 mln drams as compared with the first quarter of 2006.

    The state budget also included the extrabudgetary resources of state
    institutions, whose revenues made 2.4 bln drams in the period under
    review against 2.2 bln drams last year.
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