17:39 - 23.07.2020

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July 23, Fineko/abc.az. State Budget expenditures amounted to AZN 6.476 bn for Apr-Jun.

ABC.AZ reports that for Jan-Jun 2020 the State Budget surplus amounted to AZN 291.9 million.

The increase in the State Budget surplus against the forecast was mainly due to the provision of the State Budget by the fiscal authorities (the State Tax Service and the State Customs Committee) exceeding the revenue forecasts (AZN 424.7 million). Over the first 6 months the consolidated budget revenues amounted to AZN 12.37 bn, AZN 5.2 bn or 29.7% less against the same term of last year.

Expenditures of the consolidated budget amounted to AZN 12.884 bn, which is AZN 1.2 bn or 10.3% more than the same period last year.

The consolidated budget deficit totals AZN 513.9 million.