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RA State Budgetary Expenditures Increase By 18% In January-October 2

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  • RA State Budgetary Expenditures Increase By 18% In January-October 2

    RA STATE BUDGETARY EXPENDITURES INCREASE BY 18% IN JANUARY-OCTOBER 2006 ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    Dec 05 2006

    YEREVAN, DECEMBER 5, NOYAN TAPAN. In January-October 2006, expenditures
    of over 354.4 bln drams (about 833.5 mln USD), which was 76.9% of the
    annual program of expenditures, were made at the expense of the RA
    state budget resources. 77.4% of the allocated funds was directed for
    financing of current expenditures, 18.9% - of capital expenditures,
    and 3.7% - for net crediting.

    According to the RA Ministry of Finance and Economy, budgetary
    expenditures grew by 18% or 54.1 bln drams on the same period of
    last year. This growth in expenditures was mainly conditioned by an
    increase in capital expenditures, transfers and expenses on salaries
    and purchase of services.
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