Karabakh’s budget revenue up in first half of 2005

Karabakh’s budget revenue up in first half of 2005

Mediamax news agency
22 Aug 05

YEREVAN

During the first half of 2005, the Nagornyy Karabakh republic’s (NKR)
state budget revenue totalled 3,470.8m drams [7.5m dollars], exceeding
the planned amount by 25.3 per cent.

Over the same period, budget expenditure totalled 8,467.6m drams
[18.2m dollars], or 77.3 per cent of the planned amount, the NKR
Ministry of Economy and Finance told Mediamax today.

NKR’s state budget revenue was up by 32.1 per cent, or 842.5m drams
[1.8m dollars], compared to the same period last year. Tax revenue
increased by 813.8m drams [1.7m dollars], making up 74.5 per cent of
the budget revenue over the first half of the year.