State Budget expenditures announced - about AZN 27 bn

16:01 - 13.11.2019


November 13, Fineko/abc.az. State Budget 2020 revenues will amount to AZN 24.134 bn and expenditures AZN 26.913 bn, while consolidated budget revenues AZN 27.533 bn.

ABC.AZ reports that the announcement was made at today’s Milli Majlis plenary session during the adoption of the Draft Law on the State Budget 2020.

Thus, the upper limit of consolidated budget expenditures will be AZN 29.49 bn (AZN 2.117 bn or 7.7% more versus 2019). The consolidated budget deficit will be 2.3% of GDP, forecasted to be AZN 1.955 bn or 2.3%.

 

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