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Azerbaijanâ€™s budget forecast on income and expenditure for 2010 under-fulfilled

17 January 2011 12:35 (UTC +04:00)

According to Ministry of Finance, the budget deficit for last year made AZN 363.5 mln, nevertheless, AZN 3 026.9 mln surplus was observed in 2009. In general, state budget income rose 10.4%, expenditure increased by 12% in 2010, compared to 2009.

State budget income was forecasted as AZN 11 505.0 mln, expenditure â€“ as AZN 12 275.3 mln, for 2010. As you see, the forecast was under-fulfilled by 0.9% on income, 4.1% on expenditure.

Note that, AZN 4 292.8 mln of state budget came from Ministry of Taxes, AZN 1 101.7 mln from SSC, AZN 5.4 mln from State Committee for Property Issues, AZN 5 915.0 mln from SOFAZ, AZN 87.6 mln from other sources.

AZN 794.3 mln of expenditures went to common state services, AZN 1 185.2 mln to Defence, AZN 668.5 mln to judicial power, law enforcement and prosecution, AZN 1 181.4 mln to education, AZN 429.4 mln to health, AZN 1 123.0 mln to social protection amd social security, AZN 168.4 mln to culture, art, information, physical training and others, AZN 199.9 mln to housing and communal services, AZN 372.1 mln to agriculture, forestry, fishing, hunting and protection of environment, AZN 4 147.0 mln to industry, construction and mineral resources, AZN 55.1 mln to transport and communication, AZN 115.9 mln to economic activity, AZN 1 325.8 mln to services not concerning to main sectors.