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Revenues of Azerbaijan budget to be more than AZN 24,3 bln., while expenditures more than AZN 25,8 bln. next year- FORECAST

Revenues of Azerbaijan budget to be more than AZN 24,3 bln., while expenditures more than AZN 25,8 bln. next year- FORECAST

03 September 2020 11:25 (UTC +04:00)

Revenues of the state budget of Azerbaijan for 2021 is forecasted to be AZN 24 327,0 mln., the Ministry of Finance told APA-Economics.

57.3% or AZN 13 950,0 mln. of revenues falls to share of oil sector, while 42.7% of AZN 10 377,0 mln. to the non-oil sector. 87.5% or AZN 12 200 mln. of the budget revenues on oil sector has been made up by transfers of the State Oil Fund of the Republic of Azerbaijan, 12.5% or AZN 1 750,0 mln. by incomes from oil sector through tax bodies.

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