Jan-Sept budget deficit amounted to AZN 677.6 million


October 21, Fineko/abc.az. The Ministry of Finance of Azerbaijan has distributed operational information on State Budget expenditures for Jan-Sept.

ABC.AZ reports that according to the MoF, current expenditures totaled AZN 12.19 bn (65.4% of budget expenditures), capital expenditures AZN 4.927 bn (26.4%), and expenditures related to servicing public debt and obligations AZN 1.526 bn (8.2%). The budget expenditure forecast for July-September 2020 was fulfilled by AZN 6.91 bn.

Over Jan-Sept the State Budget deficit amounted to AZN 677.6 million (by AZN 479 million or 41.4% less versus the forecast of AZN 1.156 bn).