STATE BUDGETARY REVENUES FROM CAPITAL OPERATIONS GROW BY<br /> 77.5% IN FIRST QUARTER OF 2007 ON SAME PERIOD OF LAST YEAR <br />


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.
  -   Economy