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AMD 19 Billion Sent To Nagorno-Kaarbakh Republic's Budget In Jan-Oct

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  • AMD 19 Billion Sent To Nagorno-Kaarbakh Republic's Budget In Jan-Oct

    AMD 19 BILLION SENT TO NAGORNO-KAARBAKH REPUBLIC'S BUDGET IN JAN-OCT 2011

    /ARKA/
    NOVEMBER 3, 2011
    STEPANAKERT

    STEPANAKERT, November 3. /ARKA/. Nagorno-Karabakh Republic's budget
    received AMD 18 935.6 million in Jan-Oct 2011 as tax, duty and
    obligatory social payments.

    According to the information available on Karabakhi tax agency,
    this result exceeds the planned amount by 2.9%.

    In Jan-Oct 2010, the budget performance exceeded the projected
    indicator by 11% or AMD 1878.9 million.

    Tax and state duty revenues totaled AMD 13702 million in Jan-Oct 2011
    against projected AMD 13384 million, while at the same period a year
    earlier, performance was 11.5% higher than the projected indicator.

    According to the report, AMD 5233.6 million came to the budget in
    Jan-Oct 2011 as obligatory social pays (by AMD 213.6 million more
    than projected), while the Jan-Oct 2010 plan was overfulfilled by
    AMD 468.8 million. ($1 = AMD $378.98).


    From: Baghdasarian
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