STATE BUDGETARY EXPENDITURES ON GOODS AND SERVICES GROW BY 15.4% IN JANUARY-APRIL 2007

Noyan Tapan
Jun 01 2007

YEREVAN, JUNE 1, NOYAN TAPAN. In January-April 2007, 61.8 bln drams
(171.8 mln USD) was allocated from the RA state budget for the purchase
of goods and services, which made up 55.1% of current expenditures
of the state budget.

According to the RA Ministry of Finance and Economy, the program
on purchase of goods and services for the first half of 2007 was
fulfilled by 55%.

Expenditures on purchase of goods and services grew ny 15.4% or 8.3
bln drams on the same period of last year, which is mainly due to an
increase of expenditures on defence, education and health care and
on purchase of services.

In January-April 2007, 22.7 bln drams was allocated from the state
budget for financing the capital expenditures which increased by 68.6%
or more than 9.2 bln drams on the same period of 2006. This is mainly
conditioned by a growth of capital expenditures on replenishment
of the RA governmental reserve fund, social insurance, education,
the state reserve of material resources and on road maintenance.

In the first four months of 2007, crediting from the state budget
amounted to 6.07 bln drams, 6.05 bln drams of which was provided
to the Nagorno Karabakh Republic, while 21 mln drams was given to
repressed citizens on concessional terms for house construction. 113.5
mln drams out of the previously provided credits was repaid to the
state budget. As a result, net crediting made about 6 bln drams. Net
crediting from the state budget increased by 23.4% on the same months
of last year – at the expense of the interstate credit to the NKR
in 2007.

From: Emil Lazarian | Ararat NewsPress