NON-TAX REVENUES OF RA STATE BUDGET INCREASE 2.6FOLD IN FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
Noyan Tapan
May 09 2007
YEREVAN, MAY 9, NOYAN TAPAN. In January-March 2007, non-tax revenues
of the RA state budget made 11.6 bln drams (about 32.3 mln USD),
as a result of which the quarterly program was fulfilled by 207.4%
and the index of the same period of 2006 was exceeded 2.6fold.
According to data of the RA Ministry of Finance and Economy, the growth
in non-tax revenues was mainly conditioned by payment of 4 bln 613 mln
drams under the reconciliation agreement signed between ArmenTel CJSC
and the Armenian government, as well as by an increase in interest
payments received from placement of available resources. Their amount
made 771.5 mln drams, exceeding by 740 mln drams the index of the
first quarter of 2006.
Besides, a growth in non-tax revenues was also registered with
respect to revenues from lease of state institutions and property
(except for land) – (a growth by 39.1% or 18.4 mln drams), interest
paid by residents for the use of state loans (a growth of 32.7% or 34
mln drams), as well as with respect to revenues from penalties used
by executive and court bodies for various offences (a growth of 24.7%
or 98.2 mln drams).
A decline in non-tax revenues compared with the same period of last
year was registered with respect to monetary resources transferred
to the state as donation, and revenues from alienation of property
not representing fixed assets or material assets, which amounted to
29.8 mln drams, which was less by 597.2 mln drams than the respective
index of last year. This is due to the fact that donation of 511 mln
drams was made to the Armenian government by Armenia – International
Airports CJSC for servicing the EBRD credit program of Zvartnots cargo
complex. Without this sum, the decline in the indicated revenues made
74.3% or 86.3 mln drams.