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    Categories: News

Government Reports $58.5 Million Budget Profits In January And Febru

GOVERNMENT REPORTS $58.5 MILLION BUDGET PROFITS IN JANUARY AND FEBRUARY

ARMENPRESS
Apr 02 2007

YEREVAN, APRIL 2, ARMENPRESS: The Armenian government posted 75.2
billion Drams in revenues and official transfers ($210 million) in
January-February of this year, saying its spending amounted to 54.3
billion Drams or $152.1 million with a budget profit of 20.9 billion
drams or ($58.5 million).

The finance and economy ministry said revenues rose 36.4 percent from a
year ago, while expenditures went up 13 percent. It said also tax and
due revenues grew 28 percent while the amount of official transfers
rose 0.7 percent.

The bulk of revenues in January-February, approximately 81 percent,
were taxes, 3.4 percent were state dues, 10 percent were other than
tax revenues.

Taxes in the first two months rose to 60.6 billion Drams, a 28 percent
from a year ago.

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
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