RA State Budgetary Expenditures Increase By 18% In January-October 2

RA STATE BUDGETARY EXPENDITURES INCREASE BY 18% IN JANUARY-OCTOBER 2006 ON SAME PERIOD OF LAST YEAR

Noyan Tapan
Dec 05 2006

YEREVAN, DECEMBER 5, NOYAN TAPAN. In January-October 2006, expenditures
of over 354.4 bln drams (about 833.5 mln USD), which was 76.9% of the
annual program of expenditures, were made at the expense of the RA
state budget resources. 77.4% of the allocated funds was directed for
financing of current expenditures, 18.9% – of capital expenditures,
and 3.7% – for net crediting.

According to the RA Ministry of Finance and Economy, budgetary
expenditures grew by 18% or 54.1 bln drams on the same period of
last year. This growth in expenditures was mainly conditioned by an
increase in capital expenditures, transfers and expenses on salaries
and purchase of services.