Bank Of Baku

Incomes of Azerbaijan’s consolidated budget for 2012 to decrease by 9%

Incomes of Azerbaijan’s consolidated budget for 2012 to decrease by 9%
# 11 October 2011 15:18 (UTC +04:00)
Report says, incomes of consolidated budget will be lower 8.8% or AZN 1,762.2 mln than 2011, 6.3% or AZN 1,223.7 mln – in comparison to 2010.

Expenditures of consolidated budget in 2012, will be upper AZN 1,411.7 mln or 7.6% than 2011, AZN 6,385.1 mln or 46.8% than 2010.

Share of deficit in GDP wil make 4.2%, in 2012, down 7.4% in comparison to 2011, 18.2% compared with 2010.
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