12:45 - 28.12.2020

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December 28, Fineko/abc.az. The Law on State Budget 2021 has been submitted for discussion in the 2nd reading at the plenary session of the Azerbaijani parliament.

ABC.AZ reports that State Budget revenues for 2021 are envisaged in the amount of AZN 25.427 bn.

The figure makes up 33.6% of GDP (AZN 1.303 bn or 5.4% more versus the forecast for 2020 and by AZN 1.208 bn or 5% more compared with the performance of State Budget 2019).

State Budget expenditures for the next year are projected at the level of AZN 28.543 bn (the share in GDP is 37.7%) that by AZN 1.05 bn or 3.8% more than in 2020 and by AZN 4.117 bn or 16.9% more than the performance indicators of the 2019 budget.

After discussions, the bill was put to the vote and passed in the 2nd reading.