Bank Of Baku

Azerbaijan increases budget deficit by 50%

Azerbaijan increases budget deficit by 50%
# 14 February 2011 16:02 (UTC +04:00)
Baku. Nijat Mustafayev - APA. Azerbaijan’s 2008 state budget revenue and expenditure were AZN 11.4 bln and AZN 11.8 billion respectively, said the State Statistical Committee.

According to SSC, the deficit made AZN 363.5 mln.

State budget income rose 10.7%, expenditure soared 11.3% and the deficit increased by 50%.
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