Budget transfers from loans given to foreign countries increase by 40%

Budget transfers from loans given to foreign countries increase by 40%
  • Clock-gray 14:10
  • calendar-gray 04 June 2018

Budget transfers from loans given to foreign countries amounted to AZN 71,043,000 in 2017, up AZN 20,228,000 or 39.8% from forecast of AZN 50,815,000, Chamber of Accounts said in its report on budget execution in 2017.

 

This figure is AZN 52,417,700 or 3.8-fold higher than 2015, AZN 16,843,800 or 31.1% than 2016.

 

 

Of this, AZN 68,906,100 came from loans given to Serbia, AZN 2,136,900 from loans given to Georgia.

 

 

Other news