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Share of non-oil revenues in state budget of Azerbaijan to exceed 45% next year

Share of non-oil revenues in state budget of Azerbaijan to exceed 45% next year

05 November 2021 15:58 (UTC +04:00)

Revenues of Azerbaijan's state budget for 2022 are considered in the volume of AZN 26,816 bln, and expenditures in the volume of AZN 29,879 bln, APA-Economics reports citing the Draft law about the state budget of the Republic of Azerbaijan for 2022.

Deficit of the state budget in 2020 is considered at the level of AZN 3,063 bln.

It is considered to fall the 54,8% or AZN 14,690 bln of the expenditures of the state budget for 2022 to the share of the oil sector, and 45,2% or AZN 12,126 bln to the share of the non-oil sector.

Mirsaid İbrahimzade

Non-oil revenues Azerbaijan State budget

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