State budget revenues from non-oil sector rises in six months of year


August 15, Fineko/ For six months of this year, the growth rate of non-oil revenues of the state budget exceeded the growth rate of current expenditures, ABC.AZ reports with reference to the semi-annual data of the Accounts Chamber on the execution of the state budget for 2022.

During the reporting period, current expenditures amounted to 8,714.1 million manats, capital expenditures made up 3,434.8 million manats, public debt expenditures made up 787.7 million manats, which is by 13.8%, 12. 5% and 10.8% less than the previous year.

The analysis found that within the six months of the year, the level of provision of current expenditures at the expense of non-oil revenues increased compared to the corresponding period of the last year, or that the growth of non-oil budget revenues exceeded the growth of current expenditures, which can be regarded as a positive fact.