STATE BUDGETARY REVENUES FROM CAPITAL OPERATIONS GROW BY 77.5% 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, the RA state
budgetary revenues from capital operations made over 4.5 bln drams
(about 12.5 mln USD), 4.1 bln drams of which was received from
alienation of lands considered state property and 408 mln drams was
received from sale of fixed assets.
According to data of the RA Ministry of Finance and Economy, the
quarterly program on revenues from capital operations was fulfilled
by 133.9% due to large revenues from sale of lands in Yerevan. Actual
revenues from capital operations exceeded by 77.5% or aout 2 bln
drams the index of the same period of last year.
In the first quarter of 2007, official transfers amounted to 216.6
mln drams, 211.73 mln drams of which was provided by Great Britain
under the mutual understanding memorandum on budgetary assistance
for poverty reduction in Armenia. 4.84 mln drams was transferred to
extrabudgetary accounts of state institutions.