STATE DUTY COLLECTION GROWS BY 11.6% IN ARMENIA IN<br /> JANUARY-OCTOBER 2006 ON SAME PERIOD OF LAST YEAR<br />


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.
  -   Economy