Baku 27˚C Mostly cloudy

Azerbaijan’s state budget expenditures for 2022 to reach AZN 30B

Headlines 12:49 27 Oct, 2021

The budget deficit will amount to AZN 3,063,000,000, 1.7% less than a year earlier

Azerbaijan’s state budget expenditures for 2022 to reach AZN 30B

Revenues of the state budget of Azerbaijan in 2022 will make up AZN 26,816,000,000, expenditures – AZN 29,879,000,000, respectively, up 5.4% and 4.7% from the approved forecast for 2021.

The budget deficit will amount to AZN 3,063,000,000, 1.7% less than a year earlier.

In the structure of the budget revenues, AZN 25,874,500,000 will be centralized revenues, AZN 941.5 million – local revenues. Centralized expenditures will be AZN 28,900,000,000, while local expenditures – AZN 979,000,000.