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