LEVEL OF NAGORNO-KARABAKH STATE BUDGET’S OWN REVENUES INCREASED

DeFacto Agency
May 19 2008
Armenia

YEREVAN, 19.05.08. DE FACTO. In the first quarter of 2008 the
Nagorno-Karabakh Republic state budget’s own revenues made over 4
milliard 51, 7 million drams, which is 22, 1 % more than the level
of the same period last year.

According to the information DE FACTO got at the NKR Ministry of
Finance, the principal part of the revenues had been ensured by tax
incomes, which had increased by 4, 2 % as compared with the analogous
period of the last year.

For current January-March the state budget’s expenses made 7 milliards
942, 6 million drams increasing by 22, 9 % as compared with the same
period last year. To note, 82, 1 % of the means were directed for
financing the current expenses, 17, 9% -the capital ones.

Non-tax incomes of the NKR state budget increased by 10, 5% as compared
with the first quarter of the last year and made 207, 2 million drams.