STATE BUDGETARY REVENUES FROM CAPITAL OPERATIONS GROW BY
77.5% IN FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR
09-05-2007 14:00:00 | Armenia | Economy
YEREVAN, MAY 9, NOYAN TAPAN. In January-March 2007, the RA
state budgetary revenues from capital operations made over 4.5
bln drams (about 12.5 mln USD), 4.1 bln drams of which was
received from alienation of lands considered state property and
408 mln drams was received from sale of fixed assets. According
to data of the RA Ministry of Finance and Economy, the quarterly
program on revenues from capital operations was fulfilled by
133.9% due to large revenues from sale of lands in Yerevan.
Actual revenues from capital operations exceeded by 77.5% or
aout 2 bln drams the index of the same period of last year.
In the first quarter of 2007, official transfers amounted
to 216.6 mln drams, 211.73 mln drams of which was provided by
Great Britain under the mutual understanding memorandum on
budgetary assistance for poverty reduction in Armenia. 4.84 mln
drams was transferred to extrabudgetary accounts of state
institutions.