Cabinet of Ministers approves estimate of expenditure & incomes of Communications Ministry
In accordance with the budget of the Communications and Information Technologies Ministry, its incomes for 2006 are planned at 147.1m new manats or 5.8% more as compared 2005, the government told Trend. The increase is expected in all directions.
Revenues from international and trunk telephone communications will comprise 84.9m manats, postal one 10.3m manats, telegraph 0.7m manats, town and rural telephone communications 22.6m manats, radio and TV broadcasting 6.3m manats, registration and exploitation of radio frequency - 1.9m manats, mutual payments between operators 9m manats.
The expenditure of the Ministry is expected to grow by 6.5% and comprise 149m new manats. 19.8m falls to budgetary transfer, including 7m manats profit tax, VAT 11.5m manats, property tax - 1.3m manats, acre-shot 0.03m manats, wages and similar payments - 32.4m manats.
Besides, the government determined transfer to the public budget for the Ministry as dividends paid from own funds. In 2006 it is forecasted at 3m manats against 5m manats in 2005.
The government has first set 0.12m manats subsidy for the Ministry recently.
In 2006 the Ministry plans to increase expenditures on capital and financial investment up to 25m manats against 23m manats in 2005. The expenditure on banking duties i.e. payment of major debt, interest rates will double and make up 6m manats.