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Tax Collections Surpassed Estimate By 20 Percent

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  • Tax Collections Surpassed Estimate By 20 Percent

    TAX COLLECTIONS SURPASSED ESTIMATE BY 20 PERCENT

    KarabakhOpen
    15-05-2007 10:39:47

    In the first quarter of 2007 the budget receipts totaled 2721.6
    million drams, surpassing the estimate by 20 percent.

    Return on tax provided 87.9 percent of receipts and totaled 2392.6
    million drams, surpassing the estimate by 25.7 percent (684.4 million
    drams).

    Budget expenditure totaled 5886.7 million drams, 81.2 percent more
    than the estimate. In the first quarter of 2007 2739.8 million drams
    was allocated for building, which is two times more compared with
    last year.
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