IMPORT OF GOODS AND SERVICES BY LARGEST TAXPAYERS GROWS BY 67 PERCENT IN JANUARY

ARKA
March 22, 2010

YEREVAN, March 22. /ARKA/. Import of goods and services by Armenia’s
344 largest taxpayers grew by 67.6% in 2010 January if compared to
the same time period last year, to total 58.8 billion Drams.

The figures were released by the State Revenue Committee in its
analysis of aggregated indexes of the monitoring of largest taxpayers
in 2010 January.

The agency attributed the growth both to increasing volume of imported
goods and expensive equipment. This in turn reflected on the volume
of customs duties collected on the border in January which rose by
almost 50% year-on-year to 10.9 billion Drams.

According to the State Revenue Committee figures, the volume of
exports is nearing before the crisis level.

Particularly, the volume of exports by 8 largest exporting companies
in January (Zangezur Molybdenum and Copper Combine, Rusal Armenal,
Armenian Copper Program, Pure Metal Factory, Armenian Molybdenum
Production, Yerevan Brandy, Wine and Vodka Factory Ararat, Proshian
Winery and Euroterm)- grew by 8.6 billion drams to 13.4 billion drams
year-on-year. ($1 – 404.34 Drams).