Revenues in South Ossetia’s budget increase by 129%

The revenues of the Republic of South Ossetia for the 2010 fiscal year increased by 129%  Finance Minister Irina Sytnik announced today at a cabinet meeting, Res reports.

The minister noted that revenues largely increased in the budget due to income tax on profits and individual taxes.

The expenditure amounted to more than 3 billion rubles. Sytnik said, adding that the main costs (31% of the total) were involved in implementation of programs and the support of judiciary and law enforcement agencies (21% of the total).