Finance Ministry announces revenues and expenditures of state budget

Finance Ministry announces revenues and expenditures of state budget
  • Clock-gray 16:57
  • calendar-gray 19 July 2017

Ministry of Finance held a board meeting on tasks given by Azerbaijani president Ilham Aliyev in the meeting of the Cabinet of Ministers on socio-economic outcomes of the first half of the current year and tasks ahead, execution of state budget in the first half of 2017 and discussion of indicators of consolidated and draft budget for 2018 and next three years and budget and tasks laying ahead.

 

It was noted in the meeting that revenues of the consolidated budget amounted to AZN 11.6 billion (up 25.3% from previous year), expenditures to AZN 11.5 billion (+25.9%). Revenues of the state budget made up AZN 7.7 billion (fulfilled by 102.3%) and expenditures – AZN 8.2 billion (100.0%).

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