Upper limit of state budget deficit in state budget for 2021 unveiled

Upper limit of state budget deficit in state budget for 2021 unveiled
# 21 December 2020 12:42 (UTC +04:00)

Upper limit of state budget deficit in the state budget for 2021 and procedure of its financing unveiled, it is reflected in the draft law "On the state budget of the Republic of Azerbaijan for 2021", APA reports.

The upper limit of the state budget deficit for 2021 is envisaged in the amount of AZN 3116,0 mln. The ratio of state budget deficit to GDP in 2021 will make up 4,1 percent which is 0,6 percentage point less in comparison to 2020.

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