OLIGARCHS COULD PROVIDE ABOUT 75% OF STATE BUDGET INCOME

PanARMENIAN.Net - "$270-290 million annually elude the state budget", Haykakan Zhamanak Armenian newspaper writes today according to the International Monetary Fund report on poverty reduction and economic growth in Armenia. The data shows that principal Armenian taxpayers, who replenish state budget income with 23%, could potentially provide about 75% of total income. There are 350 taxpayers in the country, the paper continues, due to the budget for fiscal year 2005 they are to pay 70 billion AMD. However proceeding from the IMF calculations the figure could make 200 billion. Thus 130-140 billion AMD elude the state budget every year, Haykakan Zhamanak sums up.