Bank Of Baku

Revenues and expenditures of Azerbaijan's state budget for 2023 being increased

Revenues and expenditures of Azerbaijan
# 16 June 2023 11:57 (UTC +04:00)

Revenues and expenditures of the 2023 state budget of the Republic of Azerbaijan are increased, it was reflected in draft law "On the amendment to the law "On the state budget of the Republic of Azerbaijan for 2023" which has been put to discussion at the meeting of the Milli Majlis (Parliament) held on June 16. 

Thus, the revenues of the 2023 state budget are increased from AZN 30774,0 thousand to AZN 33890,5 thousand, and the expenditures from AZN 33353,3 thousand to AZN 36624,8 thousand.

According to the draft law, the amount of state budget expenditures is 36624,8 million manats, which is the largest amount in the history of the Republic's independence and is 3271,5 million manats or 9.6% more than the approved amount.

The draft law was put to a vote and adopted in the third reading.

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