NON-TAX REVENUES OF RA STATE BUDGET INCREASE 2.6FOLD 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, non-tax
revenues of the RA state budget made 11.6 bln drams (about 32.3
mln USD), as a result of which the quarterly program was
fulfilled by 207.4% and the index of the same period of 2006 was
exceeded 2.6fold.
According to data of the RA Ministry of Finance and
Economy, the growth in non-tax revenues was mainly conditioned
by payment of 4 bln 613 mln drams under the reconciliation
agreement signed between ArmenTel CJSC and the Armenian
government, as well as by an increase in interest payments
received from placement of available resources. Their amount
made 771.5 mln drams, exceeding by 740 mln drams the index of
the first quarter of 2006.
Besides, a growth in non-tax revenues was also registered
with respect to revenues from lease of state institutions and
property (except for land) - (a growth by 39.1% or 18.4 mln
drams), interest paid by residents for the use of state loans (a
growth of 32.7% or 34 mln drams), as well as with respect to
revenues from penalties used by executive and court bodies for
various offences (a growth of 24.7% or 98.2 mln drams).
A decline in non-tax revenues compared with the same period
of last year was registered with respect to monetary resources
transferred to the state as donation, and revenues from
alienation of property not representing fixed assets or material
assets, which amounted to 29.8 mln drams, which was less by
597.2 mln drams than the respective index of last year. This is
due to the fact that donation of 511 mln drams was made to the
Armenian government by Armenia - International Airports CJSC for
servicing the EBRD credit program of Zvartnots cargo complex.
Without this sum, the decline in the indicated revenues made
74.3% or 86.3 mln drams.