COLLECTION OD STATE DUTIES GROWS BY 9.9% IN ARMENIA IN 2006

Noyan Tapan
Feb 06 2007

YEREVAN, FEBRUARY 6, NOYAN TAPAN. In 2006, the RA state budgetary
revenues from state duties made about 19 bln drams (45.7 mln USD), as a
result of which the annual program was overfulfilled by 0.5%. According
to the RA Ministry of Finance and Economy, collection of state duties
grew by 9.9% or more than 1.7 bln drams compared with 2005. This growth
was mainly conditioned by an increase in licensing duties, as well as
payments from consular services, state registration, granting certain
legal documents to natural persons, provision of certain services.

Non-tax revenues of the state budget amounted to 26.5 bln drams in
2006, exceeding by 48% the programmed annual index. This is partly
due to the payment for the exclusive right to conduct negotiations
with purchasers during the privatization process of Zangezur Copper
and Molybdenum Plant CJSC. The fulfilment index of non-tax revenues
without this payment made 115.6%.

Non-tax revenues decreased by 9.2% or 2.7 bln drams in 2006 on 2005,
which is mainly conditioned by a decrease in dividents and non-tax
revenues stipulated by the law and other legal acts.

From: Emil Lazarian | Ararat NewsPress