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AZN 418 mln. surplus develops in execution of Azerbaijan’s state budget

17 February 2020 18:50 (UTC +04:00)

The state budget incomes made up AZN 1,821.0 mln., and the state budget expenditures made up AZN 1,402.9 mln. in January 2020, "APA-Economics" reports citing the relevant operative data presented by the Ministry of Finance.

The incomes of the state budget have decreased by 13.7%, and the budget expenditures have increased by 9.9% as compared with the same month of the last year. The surplus amounting to AZN 418.1 mln. or accounting for 6.4% of the GDP has developed in the execution of the budget.

Remind that in January 2019, the incomes of the state budget made up AZN 2,097.1 mln., and the budget expenditures made up AZN 1,269.1 mln., and the surplus amounting to AZN 828 mln. or accounting for 14% of the GDP has developed in the execution of the budget.