REVENUES OF ARMENIAN STATE BUDGET GROW BY 28.2% IN JANUARY-APRIL 2007 ON SAME PERIOD OF LAST YEAR
Noyan Tapan
May 31 2007
YEREVAN, MAY 31, NOYAN TAPAN. In January-April 2007, the RA state
budgetary revenues amounted to 150.2 bln drams (over 540 mln USD),
while expenditures – to 140.8 bln drams, which ensured fulfilment of
the government-approved programs for the first half of 2007 by 66.2%
and 53.5% respectively and fulfilment of the annual programs by 29.6%
and 25.9% respectively.
According to the RA Ministry of Finance and Economy, the revenues of
the state budgey grew by 28.2% or 33.1 bln drams on the same period of
2006. Taxes and duties increased by 26.5 bln drams, non-tax revenues –
by 5.6 bln drams, revenues from capital operations – by 1.2 bln drams,
whereas official transfers declined by 222 mln drams. In accordance
with the Law on the 2007 State Budget of the Republic of Armenia,
extrabudgetary resources of state institutions were also included
in the state budget, with their revenues making over 3.2 bln drams
in the first four months of 2007 against 3.1 bln drams in the same
period of last year.
84.7% of the state budgetary revenues in January-April 2007 formed
at the expense of tax revenues. State duties accounted for 3.8%,
non-tax revenues – for 8.3%, revenues from capital operations – for
3.1%, and official transfers accounted for 0.1% of budgetary revenues.