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Forecasts of Azerbaijan’s budget revenues and expenditures for 2019 increased

27.11.2018,15:51


November 27, Fineko/abc.az. Following the parliamentary debates the Azerbaijani government increased the forecast on revenues and expenditures of State Budget 2019.

Finance Minister Samir Sharifov stated that the forecast of country’s budget revenues has been increased by AZN 250.5 million up to AZN 23.168 million, while expenditures increased by AZN 409.9 million up to AZN 25.19 million.

"Budget deficit of 2019 has been increased by AZN 159 million up to AZN 2.022 million. The ratio of deficit to GDP will not change and will remain at the level of 2.5%. All additions will be executed mainly due to revenues from the State Customs Committee," the minister emphasized.

Following the discussions Milli Majlis adopted the Draft State Budget 2019 in the 2nd reading.