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Forecast for Azerbaijan’s state budget revenues fulfilled at 106% in 1st half year

Forecast for Azerbaijan’s state budget revenues fulfilled at 106% in 1st half year

04 July 2012 11:08 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. Forecast for Azerbaijan’s state budget revenues in January-June was fulfilled at 106%, expenditures - more than 90%, Deputy Minister of Finance Azer Bayramov said, APA reports..

He noted that the indicators are good and financing of investment projects had already begun.

Bayramov noted that the fall in oil prices on world markets had not impacted negatively on the budget revenues of Azerbaijan: â€˜We considered this as an average for 2012. Previously, the average was above $ 100, now below. This, in turn, will not affect budget revenuesâ€™.

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