RA State Budgetary Revenues Grow By 34.8% In First Quarter Of 2007 O

RA STATE BUDGETARY REVENUES GROW BY 34.8% IN FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR

Noyan Tapan
May 08 2007

YEREVAN, MAY 8, NOYAN TAPAN. In the first quarter of 2007, the RA
state budgetary revenues made 110.7 bln drams (about 308 mln USD),
while expenditures made 93.1 bln drams, which ensured 107.5% and
78.6% respectively of the quarterly program approved by the RA
government. According to data of the RA Ministry of Finance and
Economy, the annual program of the indicated indices was fulfilled
by 21.9% and 17.4% respectively.

State budgetary revenues grew by 34.8% or 28.6 bln drams on the same
period of last year. Out of this amount, taxes and duties grew by 19.7
bln drams, non-tax revenues – by 7.2 bln drams, revenues from capital
operations – by 2 bln drams, whereas the amount of official transfers
declined by 222 mln drams as compared with the first quarter of 2006.

The state budget also included the extrabudgetary resources of state
institutions, whose revenues made 2.4 bln drams in the period under
review against 2.2 bln drams last year.