Adviser to the President of the NKR: For the first half of 2017, the revenues of the consolidated budget of the republic increased by 19.9% to 16.1 billion drams

ArmInfo. The consolidated budget  of the Republic of Artsakh for the first half of 2017 compared to the  same period in 2016 increased by 19.9%. NKR Presidential Adviser  Tigran Abrahamyan reports on his Facebook page on Facebook.

According to the National Statistical Service of the Nagorno Karabakh  Republic, as of July 1, 2017, the volume of credit investments of  commercial banks (branches) amounted to 128.41 billion drams, an  increase of 30.5% or 30 billion drams compared to the same period  last year. As of July 1, attracted loans increased by 31.2% compared  to July 1, 2016 and amounted to 83.2. The volume of resident deposits  was 78.2%, 21.8% - to non-residents. At the same time, in the total  weight of deposits of residents, 21.6% are demand deposits, 78.4% are  late, "advises the NKR President.

Earlier it was reported that according to the data of the National  Statistical Service of the NKR, in June of the current year the  indicator of economic activity in comparison with June 2016 was  113.9%, and in the period January-June of this year in comparison  with the same period of 2016 - 115 , 0%. In the period January-June  of this year, the GDP of the NKR amounted to 102.2 billion drams, and  in the same period of 2016 - 87.7 billion drams. GDP per capita in  January-June 2017 at current prices was 699.8 thousand drams, 1444.2  US dollars or 1333.3 euros. 6 percentage points of the recorded GDP  growth of 14.9% were provided by the mining sector and the operation  of open fields, financial and insurance activities accounted for 2.6  percentage points, construction was 2.4 percentage points,  electricity, gas, Steam and air of good quality.