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The tax revenues and fees to the Artsakh Republic state budget comprised 11 bln 304.2 mln drams in the first quarter of 2018, the Artsakh Ministry of Finance told Artsakhpress.

The source added the planned indicator was exceeded by 5.6% or 604.2 mln drams, with a growth of 74.6% recorded in the indicated period compared to the figures of 2017.

The ministry said 3 bln 925 mln 300 thousand drams from 4 bln 830 mln 600 thousand drams is conditioned by increase in tax revenues paid by “Base Metals’’ CJSC. Some 905.3 mln drams or 18.7 % was provided by the economic growth registered in the republic as well as the consistent administration carried out by the tax body.

As the source informed, planned tasks were over-fulfilled in terms of all types of income. 9 bln 116 mln 700 thousand drams or 80.6% from the total amount of tax revenues and fees has been ensured at the expense of major tax payers.