Revenues and expenditures of 2018 state budget to be increased

Revenues and expenditures of 2018 state budget to be increased
# 12 June 2018 13:07 (UTC +04:00)

Revenues are planned to be AZN 22,110,000,000, up AZN 1,983,000,000 or 9.9% from approved budget, AZN 5,593,300,000 or 33.9% from 2017’s budget.

According to the draft law on amendments to 2018 state budget, expenditures will make up AZN 23,061,000,000, up ANZ 2,014,000,000 or 3.6% from approved budget, AZN 5,466,500,000 or 31.1% from 2017.

After increase, the expenditures will be 39.9% of GDP as at the end of the year.

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THE OPERATION IS BEING PERFORMED