State Budget expenditures executed in excess

12:28 - 21.04.2021


April 21, Fineko/abc.az. State Budget expenditures were met by AZN 5.523 bn or 102.0% in Q1 of 2021 against the forecast of AZN 5.414 bn, ABC.AZ informs with reference to Finance Ministry’s report.

The indicator is by AZN 269.1 million or 5.1% more versus the same term of 2020.

In Q1 of this year AZN 4.02 bn or 72.8% of State Budget expenditures will be directed for current expenditures (AZN 194.9 million or 5.1% more against the same period of 2020), AZN 1.105 bn or 20% for capital expenditures (AZN 80 million or 7.8% more), AZN 397.5 million or 7.2% for expenditures related to servicing public debt and obligations. In accord with the economic classification, in Q1 of this year 48% of State Budget expenditures or AZN 2.65 bn were allocated to finance socially oriented expenditures (salary fund, scholarships and social benefits, expenses on medicines and food) that is by AZN 131.8 million or 5.2% more against the same period of 2020.

 

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