YEREVAN, JANUARY 14, NOYAN TAPAN. In January-November 2008, the RA state budgetary revenues made 695.3 billion drams (more than 2 bln 273.7 mln USD), expenditures made 673.1 bln drams, which ensured the implementation of the programmed annual indices by 90.4% and 84.7% respectively. According to the press service of the RA ministry of finance, the state budgetary revenues grew by 19.1% or 111.6 bln drams, expenditures by 24.3% or 131.4 bln drams as compared with the same period of the previous year. The taxes and duties grew by 21.3% or 100.9 bln drams, the compulsory social security payments - by 18.4% or 14.4 bln drams, the official grants - by 93.6% or 1.7 bln drams, while other revenues (previously called "nontax revenues") declined by 17.6% or 5.4 bln drams. As a result, the share of taxes and duties in the revenues increased by 1.5%, that of official grants - by 0.2%, whereas the share of compulsory social security payments and other revenues declined by 0.1% and 1.6% respectively. 79.5% of state budgetary revenues formed from tax revenues, 2.9% - from state duties, 13.3% - from compulsory social security payments, 0.5% - official grants, and 3.7% - from other revenues. In accordance with point 18 Article 9 of the RA Law on the 2008 State Budget of the Republic of Armenia, the resources of the state institutions' off-budget funds were also included in the state budget. Their incomes amounted to over 15 billion drams in the reporting period as compared with 12.6 billion drams in the previous year.

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