AMD 19 Billion Sent To Nagorno-Kaarbakh Republic’s Budget In Jan-Oct

AMD 19 BILLION SENT TO NAGORNO-KAARBAKH REPUBLIC’S BUDGET IN JAN-OCT 2011

/ARKA/
NOVEMBER 3, 2011
STEPANAKERT

STEPANAKERT, November 3. /ARKA/. Nagorno-Karabakh Republic’s budget
received AMD 18 935.6 million in Jan-Oct 2011 as tax, duty and
obligatory social payments.

According to the information available on Karabakhi tax agency,
this result exceeds the planned amount by 2.9%.

In Jan-Oct 2010, the budget performance exceeded the projected
indicator by 11% or AMD 1878.9 million.

Tax and state duty revenues totaled AMD 13702 million in Jan-Oct 2011
against projected AMD 13384 million, while at the same period a year
earlier, performance was 11.5% higher than the projected indicator.

According to the report, AMD 5233.6 million came to the budget in
Jan-Oct 2011 as obligatory social pays (by AMD 213.6 million more
than projected), while the Jan-Oct 2010 plan was overfulfilled by
AMD 468.8 million. ($1 = AMD $378.98).

From: Baghdasarian

Disclaimer: This article was contributed and translated into English by Baghdasarian Karlen. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2011/11/04/amd-19-billion-sent-to-nagorno-kaarbakh-republics-budget-in-jan-oct/