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IN FIRST QUARTER OF 2006 NKR GNP ROSE BY 10.5% AS COMPARED WITH LAST YEAR'S LEVEL
DeFacto Agency, Armenia
June 1 2006
In the first quarter of 2006 the Nagorno Karabakh Republic /NKR/
Gross National Product made 9, 8 milliard drams, which is 10, 5 %
more as compared with the same period last year.
NKR Minister of Finance and Economy Spartac Tevosyan informed of the
fact while presenting the implementation of the NKR state budget in the
first quarter of 2006 at the Nagorno Karabakh National Assembly plenary
sitting yesterday, DE FACTO own correspondent in Stepanakert reports.
The volume of industrial production's output was increased by 7,
4%, making 4, 6 milliard drams, that of the agricultural output was
increased by 0, 6 % and made 1, 5 milliard drams. Capital construction
was done for 2, 1 milliard drams, which is 45, 9% more as compared
with the same period last year. The state budget's own revenue
surpassed the planned index by 21, 9%, making 2, 3 milliard drams,
the population's money income rose by 10, 7 % making 10, 2 milliard
drams. The Minister of the NKR Territorial Administration and the
Development of Infrastructures Armo Tsatouryan noted as a result of
the state property's privatization in 2004 - 2006 the stare budget
received 252 million drams. For that period out of 51 objects that were
subject to privatization only 6 were delivered to private property. The
great enterprises have not been privatized. The sitting's participants
expressed concern over the privatization's rates. The National Assembly
Chair Ashot Gulyan stated the issue should be discussed in the course
of the separate Parliamentary hearings.
DeFacto Agency, Armenia
June 1 2006
In the first quarter of 2006 the Nagorno Karabakh Republic /NKR/
Gross National Product made 9, 8 milliard drams, which is 10, 5 %
more as compared with the same period last year.
NKR Minister of Finance and Economy Spartac Tevosyan informed of the
fact while presenting the implementation of the NKR state budget in the
first quarter of 2006 at the Nagorno Karabakh National Assembly plenary
sitting yesterday, DE FACTO own correspondent in Stepanakert reports.
The volume of industrial production's output was increased by 7,
4%, making 4, 6 milliard drams, that of the agricultural output was
increased by 0, 6 % and made 1, 5 milliard drams. Capital construction
was done for 2, 1 milliard drams, which is 45, 9% more as compared
with the same period last year. The state budget's own revenue
surpassed the planned index by 21, 9%, making 2, 3 milliard drams,
the population's money income rose by 10, 7 % making 10, 2 milliard
drams. The Minister of the NKR Territorial Administration and the
Development of Infrastructures Armo Tsatouryan noted as a result of
the state property's privatization in 2004 - 2006 the stare budget
received 252 million drams. For that period out of 51 objects that were
subject to privatization only 6 were delivered to private property. The
great enterprises have not been privatized. The sitting's participants
expressed concern over the privatization's rates. The National Assembly
Chair Ashot Gulyan stated the issue should be discussed in the course
of the separate Parliamentary hearings.