Nagorno Karabakh Republic Adopts 2007 State Budget

NAGORNO KARABAKH REPUBLIC ADOPTS 2007 STATE BUDGET

Mediamax News Agency, Armenia
Dec 27 2006

Yerevan, 27 December: The parliament of the Nagornyy Karabakh republic
(NKR) approved the 2007 state budget today. During the voting, 22 MPs
voted for the adoption of the budget, while nine voted against it,
Mediamax reports.

The revenues of the NKR state budget will total 31.72bn drams [86m
dollars] and expenditure 33.58bn [92m dollars]. The budget deficit
will total 1.986bn drams [5.5m dollars].