Socially-oriented expenditures of state budget forecasted to increase by 5.3% next year

Socially-oriented expenditures of state budget forecasted to increase by 5.3% next year
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  • calendar-gray 23 December 2020

Socially-oriented expenditures of the state budget for 2021 are forecasted to be AZN 11 111,9 mln, APA-Economics reports citing comment of Chamber of Accounts on the draft law “On the State Budget of the Republic of Azerbaijan for 2021”.

According to the results of analysis, conducted regarding priority directions of the budget-taxing system for next year, Socially-oriented expenditures of the state budget considered for 2021 are more by AZN 563,8 mln. or 5.3% in comparison with 2020.

Socially-oriented expenditures include labor payments, pension and benefits, purchase of medicines, bandage materials, foods in accordance with economic classification of budget expenditures.

Huseyn Veliyev

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