NKR Budget own revenues increased by one-third

[Emil Lazarian]

DeFacto Agency, Armenia
Nov 10 2006

NKR BUDGET OWN REVENUES INCREASED BY ONE-THIRD


January-September, 2006 the Nagorno-Karabakh Republic /NKR/ state
budget own revenues made 6 milliards 846 millions drams, which is 34,
2 % more as compared with the same period last year.
According to the information DE FACTO got at the NKR Ministry of
Finance and Economy, the budget revenues had been mainly ensured at
the expense of tax incomes, which made 81, 5 % of the revenues' total
amount.
For the same period the state budget expenses made 16 milliards 981,
8 millions drams. During the 9 months of the current year 5 milliards
188, 2 millions drams were spent for capital expenditures, which is
70, 6 % more than the same period last year. As compared with the
same period 2005 current expenses for the salary of the state
institutions' employees increased by 15, 5 % making 3 milliards 50, 4
millions drams.
For January - September, 2006 the NKR social insurance state fund's
own revenues made 1 milliard 809 millions drams, which is 15, 3 %
more than the level of the same period last year.

From: Emil Lazarian | Ararat NewsPress