TAX REVENUES OF RA STATE BUDGET GROW BY 26.9% 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, tax revenues
made up 81.4% of the RA state budgetary revenues. State duties made
up 3.8%, non-tax revenues – 10.5%, revenues from capital operations –
4.1% and official transfers – 0.2%.
According to data of the RA Ministry of Finance and Economy, in the
indicated period tax revenues of the state budget amounted to over
90.1 bln drams (more than 250.6 mln USD), which ensured fulfilment
of the quarterly program by 99.9%. Tax revenues increased by 26.9%
or 19.1 bln drams on the same period of 2006. High growth rates were
registered with respect to all taxes (except excise tax).
In the period under review, 49.5% of tax revenues was received at the
expense of VAT which amounted to 44.6 bln drams. 25.93 bln drams of
this sum was received from taxation on the borders of the RA, about
18.63 bln drams – from domestic turnover of goods and services. VAT
revenues of the state budget grew by 40% or 12.7 bln drams on the
same period of last year.