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Income part of Azerbaijanâ€™s state budget overfulfilled by 11% during first half-year

Income part of Azerbaijanâ€™s state budget overfulfilled by 11% during first half-year

13 July 2011 08:36 (UTC +04:00)

Baku. Ali Ahmadov - APA-Economics. 110.9% of income part of state budget of Azerbaijan was implemented during the first 6 months of 2011, Minister of Taxes Fazil Mammadov said at the meeting devoted to outcomes of social-economic development of Q1-2011of the Cabinet of Ministers held under the chairmanship of President Ilham Aliyev.

To him, AZN 5,610.8 mln entered the budget during Q1. Of these, AZN 2,564.9 mln was provided by Taxes Ministry, AZN 542.4 mln by State Customs Committee, AZN 2,461 mln â€“ SOFAZ.

The minister noted that expenses of state budget during Q1 of this year were fulfilled by AZN 4,882.1 mln. Of these, 30.9% or AZN 1,508.1 mln were social expenses, up AZN 152.6 mln or 11.3% from a year earlier. Education expenditures rose AZN 50.9 mln or 9.9%, social protection and social security costs increased by AZN 62.1 mln or 10.2%.

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