RA STATE BUDGET EXPENDITURES GROW BY 22.4% IN<br /> JANUARY-AUGUST 2006 ON SAME PERIOD OF LAST YEAR<br />


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.
  -   Economy