Consolidated budget revenues to reach AZN 27,605,300,000 next year


September 16, Fineko/abc.az. The Ministry of Finance has prepared a “Statement on preliminary indicators of the state and consolidated budgets of the Republic of Azerbaijan for 2020”. It is noted that in 2020, the consolidated budget revenues are projected in the amount of AZN 27,605,300,000.

According to the information, the deficit of the consolidated budget is expected to reach AZN 586.7 million, respectively. The upper limit of the consolidated budget expenditures for next year is projected at AZN 28,192,000,000 in accordance with the budgetary order, which is AZN 821,100,000 or 3% more than the approved figure for 2019.

Revenues and expenditures of the budget of the Nakhchivan Autonomous Republic, which constitutes the consolidated budget, are forecasted to be equal to AZN 480,300,000, which is 96.6 million more than this year.