Bank Of Baku

Azerbaijan’s state budget revenue grew 69% in January-November

Azerbaijan’s state budget revenue grew 69% in January-November
# 20 January 2009 10:21 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The state budget revenue grew by 68.7%, year-over-year, to AZN 9.4 million while expenditures jumped 71% to AZN 8.3 million in Azerbaijan during January-November, said the State Statistical Committee.
The budget surplus reached AZN 1.1065 billion, accounting for 3.2% of GDP.
The Ministry of Tax pumped 55.9% and the State Customs Committee provided 10.9% of the revenues to the state budget.
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