REVENUES TO THE NKR STATE BUDGET INCREASED COMPARED WITH THE SAME PERIOD LAST YEAR

DeFacto Agency, Armenia
March 20 2006

January – February 2006 the Nagorno Karabakh Republic (NKR) state
budget own revenue made 1 milliard 464,4 million drams, which surpasses
the level of the same period last year by 39,1 %.

According to the information De Facto Information-Analytics Agency
got at the NKR Ministry of Finance and Economy, the budget revenues
have been guaranteed at the expense of the tax receipts, state duty
and operations with capital.

The state budget expenses for the same period made 2 milliard 114,2
million drams.

The budget revenues from the operations with capital made 125,6 million
drams, 62,6 million drams of the sum has been received from the state
property and 63 million from expropriation of the principal funds,
which are considered to be state property.

For current January – February incomings to the NKR Social Insurance
Fund increased by 14,7%, having made 254,4 million drams.