RA State Budget Revenues Grow By 6.5% In January-February 2006 On Sa

RA STATE BUDGET REVENUES GROW BY 6.5% IN JANUARY-FEBRUARY 2006 ON SAME PERIOD OF LAST YEAR

Noyan Tapan
Apr 04 2006

YEREVAN, APRIL 4, NOYAN TAPAN. The RA state budget revenues grew by
6.5% to about 55.1 bln drams (about 125 mln USD) in January-Februry
2006 on the same period of last year. According to the RA Ministry of
Finance and Economy, most of the state budget revenues – 85.8% formed
from tax revenues. The state duty accounted for 3.8% of the budget
revenues, non-tax revenues – for 5.2%, incomes from capital operations
– 4.5%, and official transfers – for 0.7% of the revenues. Expenditures
of over 48 bln drams were incurred with state budget resources during
the period under review. The budget expenditures grew by 26.5% on the
same period of last year, which is mainly conditioned by an increase
in capital expenditures and spending on transfers and services. 10.5%
of the current budget expenditures – 4.4 bln drams was allocated for
payment of salaries of state employees. Expenditures on salaries
increased by 25.7% in January-February of 2006 on the same months
of 2005.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS