STATE DUTY COLLECTION GROWS BY 11.6% IN ARMENIA IN
JANUARY-OCTOBER 2006 ON SAME PERIOD OF LAST YEAR
05-12-2006 16:13:00 | Armenia | Economy
YEREVAN, DECEMBER 5, NOYAN TAPAN. In January-October 2006,
the RA state budget's state duty revenues made 16.1 bln drams
(about 37.9 mln USD), which ensured 85.4% of the annual program
on state duty collection.
According to the RA Ministry of Finance and Economy, the
total amount of state duties grew by 11.6% or 1.7 bln drams on
the same period of 2005, which was mainly conditioned by an
increase in revenues from consulate services and state
registration activity, payments for provision of legal documents
to natural persons and payments from licensing of activities.
In January-October 2006, non-tax revenues of the state
budget made 27.7 bln drams, exceeding by 51.5% the programmed
annual index, which was mostly due to the payment made for the
right to conduct negotiations as a result of privatization of
the Zanagezur Copper and Molybdenum Plant CJSC.
Non-tax revenues grew by 10.2% on the same period of last
year. It is noteworthy that funds of extrabudgetary accounts
opened by the decision of the RA government for state
institutions were included in non-tax revenues.
In the first ten months of 2006, the budgetary revenues
from capital operations made about 12.4 bln drams, 11.1 bln
drams of which was received from alienation of lands
representing state property and 1.3 bln drams - from sale of
fixed assets. Revenues from capital operations secured 94.2% of
the programmed annual index.