RA STATE BUDGET EXPENDITURES GROW BY 22.4% IN
JANUARY-AUGUST 2006 ON SAME PERIOD OF LAST YEAR
05-10-2006 20:30:00 | Armenia | Economy
YEREVAN, OCTOBER 5, NOYAN TAPAN. In January-August 2006,
the RA state budget expenditures made 277.2 bln drams (about
636.8 mln USD), which ensured the execution of 79.7% of the
nine-month program and 61% of the annual program.
According to the RA Ministry of Finance and Economy, 77.9%
of the budget resources was allocated for current expenditures,
18.3% - for capital expenditures, and 3.8% - for crediting.
The budget expenditures grew by 22.4% or 50.8 bln drams on
the same period of 2005, mainly due to an increase in salaries.
capital expenditures, social transfers and expenses on services.