State Budgetary Revenues Of RA Grow By 44.7% In January 2007 On Same

STATE BUDGETARY REVENUES OF RA GROW BY 44.7% IN JANUARY 2007 ON SAME MONTH OF LAST YEAR

Noyan Tapan
Mar 01 2007

YEREVAN, MARCH 1, NOYAN TAPAN. In January 2007, the state budgetary
revenues of the RA made over 40.4 bln drams (about 111.1 mln USD),
while budgetary expenditures – 18.6 bln drams. The programmed annual
indices on revenues approved by the Armenian government were fulfilled
by 8%, expenditure indices – by 3.5%. According to the RA Ministry of
Finance and Economy, state budgetary revenues grew by 44.7% or 12.5 bln
drams on the same period of last year. In this sum, taxes and duties
grew by 5.1 bln drams, non-tax revenues – by 6.1 bln drams, revenues
from capital operations – by 1.6 bln drams, whereas official transfers
declined by 373.1 mln drams. Most of the state budgetary revenues –
69.6% was formed at the expense of taxes. State duties made up 2.8%
of budgetary revenues, non-tax revenues – 17.7%, and revenues from
capital operations – 9.9%.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS