1 Billion 283 Million Drams Received From State Property Alienation

1 BILLION 283 MILLION DRAMS RECEIVED FROM STATE PROPERTY ALIENATION IN
ARMENIA IN 2006

YEREVAN, JANUARY 24, NOYAN TAPAN. A single system of state property
registration was developed and introduced in 2006. The system is
constantly amended and updated, which ensures the reliability
of information and the continuity of data collection (and
provision). According to the State Property Management Department’s
annual report submitted to the RA prime minister on January 23,
the process of privatization and alienation of state property
was continued in 2006. The state budgetary revenues from property
privatization made 455 mln 420.4 thousand drams and 550 thousand USD,
with 42 mln 157.1 thousand drams of this sum being transferred to
community budgets. Resources from property alienation made 1 bln 283
mln 119.7 thousand drams, with 25 mln 133.6 thousand drams (about 68
thousand USD) of this sum being transferred to community budgets.