Milli Majlis passes Draft State Budget 2019 in 1st reading


November 14, Fineko/abc.az. The Azerbaijani MPs have adopted the Draft State Budget 2019 in the 1st reading today.

The 2nd reading of the Draft State Budget will be discussed at a meeting on 23 November.

The State Budget revenues for 2019 are forecasted at the level of $22.917 bn and expenditures at AZN 24.78 bn. The State Budget deficit is expected to reach AZN 1.86 bn or 2.3% of GDP. The price of oil in the State Budget is set at $60 a barrel.