Azerbaijani President approves state budget for 2011

Azerbaijani President approves state budget for 2011
# 26 November 2010 09:32 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijani President Ilham Aliyev has approved the Draft law on “State budget of Republic of Azerbaijan for 2011. According to document, in the table below, the minimum limit of orders on the state bodies and enterprises to provide the transferring of revenue to state budget was determined

(mln. man.)

1.1

On Ministry of Taxes

4 420.0

1.1.1

Profit tax of contractor sides on production sharing agreements in oil & gas sphere

600.0

1.1.2

Consolidated taxes and other payments by SOCAR (excluding individuals’ income tax)

1 080.0

1.1.3

Taxes and non-taxable payments on non-oil sectors

2 740.0

1.2

On State Customs Committee

1 120.0



In the table below, the directions of state budget expenditures were released.

(man.)

Direction of expenditures

Expenditures

1

General public services expenditures

1 142 632 845.0

2

Defence spending

1 325 061 150.0

3

Expenditures for keeping of judicial power, law enforcement and prosecutorial agencies

712 886 919.0

4

Education spending

1 338 536 523.0

5

Health spending

546 118 884.0

6

Expenditure for Social Protection and social security

1 324 085 745.0

7

Activity in the categories not related to culture, art, information, physical training and others

202 350 881.0

8

Cost of housing and communal services

227 683 253.0

9

Protection of agriculture, forestry, fishing, hunting and environment

448 033 596.0

10

Expenditure of industry, construction and minerals

3 396 469 329.0

11

Transport and communication costs

64 602 544.0

12

Expenditures related to economic activity

112 890 200.0

13

Expenditures not related to main sectors

1 906 648 131.0

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