CUSTOM DUTY COLLECTION GROWS BY 11.2% IN ARMENIA IN JANUARY-OCTOBER 2006 ON SAME PERIOD OF LAST YEAR

Noyan Tapan
Dec 05 2006

YEREVAN, DECEMBER 5, NOYAN TAPAN. In January-October 2006, the RA
state budget’s customs duty revenues made 14.5 bln darms, exceeding
by 11.2% or 1.5 bln drams (about 3.5 mln USD) the respective index
of 2005. According to the RA Ministry of Finance and Economy, in the
first ten months of 2006, fixed payments from certain types of activity
amounted to 12.3 bln drams, exceeding by 17.8% or about 1.9 bln darms
the respective index of last year. The growth is mainly conditioned by
an increase in payments for gasoline filling, transport activity and
organization of public catering and trade facilities. In the period
under review, the state budget’s simplified tax revenues made 6.2
bln drams, growing by 12.1% or 670.8 mln drams on the same period of
last year mostly due to an increase in revenues from trade. During
the first ten months of this year, the budgetary revenues from other
taxes made over 9.8 bln drams.

Particularly, nature use and environmental protection payments amounted
to 5.6 bln drams and road payments – to 2.1 bln drams. Other taxes
grew by 30% or about 2.3 bln drams on the same months of last year,
which was mainly due to an increase in nature use payments and fines
for violation of the tax legislation.