RA STATE BUDGETARY EXPENDITURES INCREASE BY 18% IN<br /> JANUARY-OCTOBER 2006 ON SAME PERIOD OF LAST YEAR<br />


RA STATE BUDGETARY EXPENDITURES INCREASE BY 18% IN
JANUARY-OCTOBER 2006 ON SAME PERIOD OF LAST YEAR

  • 05-12-2006 16:14:00   | Armenia  |  Economy
YEREVAN, DECEMBER 5, NOYAN TAPAN. In January-October 2006, expenditures of over 354.4 bln drams (about 833.5 mln USD), which was 76.9% of the annual program of expenditures, were made at the expense of the RA state budget resources. 77.4% of the allocated funds was directed for financing of current expenditures, 18.9% - of capital expenditures, and 3.7% - for net crediting. According to the RA Ministry of Finance and Economy, budgetary expenditures grew by 18% or 54.1 bln drams on the same period of last year. This growth in expenditures was mainly conditioned by an increase in capital expenditures, transfers and expenses on salaries and purchase of services.
  -   Economy