USD 1.7

Baku 26 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Azerbaijani government holds presentation of state budget for 2012

Azerbaijani government holds presentation of state budget for 2012

22 November 2011 12:56 (UTC +04:00)

According to Sharifov, state budget incomes are forecasted to be AZN 16,436.4 mln, expenditures â€“ AZN 16,984.4 mln, budget deficit â€“ AZN 548 mln. Budget incomes/GDP ratio will make 37.8%, up 1 percentage point from 2011.

AZN 5.1 bln is expected to transfer from Ministry of Taxes, next year. AZN 410 mln will come from regions and cities, excluding Baku. Besides, AZN 1.2 bln will be transferred by State Customs Committee, AZN 9.905 bln â€“ by State Oil Fund.

Share of current expenditures in the budget rose 3%. Education expenditures will be increased by 12.6%, science expenditures â€“ by 7%, defense spending â€“ by 1.2%.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED