Bank Of Baku

Azerbaijani state budget’s incomes fulfilled by 103%, expenses – by 90%, in January-September

Azerbaijani state budget’s incomes fulfilled by 103%, expenses – by 90%, in January-September
# 11 October 2012 14:17 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In 9 months, 2012, Azerbaijan’s state budget income made AZN 1,2521.0 mln, expenditure - AZN 11,074.3 mln.

According to Ministry of Finance, the budget surplus was fulfilled 103.1%, up 39.4% or AZN 3,542.1 mln from a year earlier.

AZN 4,554.5 mln of state budget came from Ministry of Taxes, AZN 880.8 mln from SCC, AZN 7,038.4 mln from State Oil Fund, AZN 47.3 mln from other sources.

AZN 208.6 mln of expenditures went to Defense, AZN 47.8 mln to housing and communal services, AZN 30.7 mln to economic activity, AZN 130.6 mln to judicial power, law enforcement and prosecution, AZN 34.9 mln to culture, art, information, physical training and others, AZN 8.9 mln to transport and communication, AZN 611.5 mln to industry, construction and mineral resources, AZN 55.4 mln to social protection and social security, AZN 46.2 mln to agriculture, forestry, fishing, hunting and protection of environment, AZN 38.8 mln to common state services, AZN 12.7 mln to education.

During 9 months of 2012, incomes of consolidated budget were fulfilled at AZN 16,280.4 mln, expenses – AZN 12,643.8 mln.
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