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Communities collect by 69.2% more revenues in half one

21.07.2010, 01:03
Armenian communities collected a total of 37.7 billion Drams in revenues in the first six months of 2010, by 69.2% more than in the same time span last year, a deputy territorial management minister Vache Terterian said to a news conference today.
YEREVAN, July 20, /ARKA/. Armenian communities collected a total of 37.7 billion Drams in revenues in the first six months of 2010,  by 69.2% more than in the same time span last year, a deputy territorial management minister Vache Terterian said to a news conference today.

According to him, the high index was registered after the capital city Yerevan became a community. Without Yerevan’s share other communities’ revenues rose by 16.9%. He said the budget performance rate was 91.2% because  the projected  target was 41.3 billion Drams.

‘Collection of own revenues by communities  made 9.7 billion Drams, by 25% higher than in the first half of 2009,’ Vache Terterian said.

He informed also that land tax collection rate was 81.2% making 1.9 billion Drams, property tax collection rate increased BY  90.3% to 4.2 billion Drams.  

“Budget revenues collection pace is in the limelight of the ministry because communities’ steady development depends on it,’  he said. ($1- 363.44 Drams).   -0-