Azerbaijan to allocate AZN 250M for social mortgage from 2018 state budget

Azerbaijan to allocate AZN 250M for social mortgage from 2018 state budget
  • Clock-gray 12:20
  • calendar-gray 20 October 2017

Social expenditures in the state budget for 2018 will make up AZN 7,004,800,000, up 2.2% from previous year.

 

Along with these expenditures, AZN 250 million will be allocated for social mortgage, AZN 30 million for utilities, communication services and other measures, AZN 19.8 million for compensations for military servicemen for residential areas they rented, AZN 89 million for Baku Metro and AZN 10 million for AZAL.

 

Taking into account the abovementioned expenditures, the social expenditures in the state budget for 2018 are planned to make up AZN 7,656,300,000, which are equal to 36.6% of budget expenditures, 71.1% of current expenditures.

 

 

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