State budget surplus exceeds AZN 1.2B this year


August 15, Fineko/ The upper limit of the state budget deficit for this year was initially approved in the amount of 3.63 billion manats. With the introduction of appropriate changes, it was brought up to 3.106 billion manats, and through the reporting period the state budget was executed with a surplus of 1.268 billion manats.
ABC.AZ reports with reference to the semi-annual data of the Accounts Chamber on the execution of the state budget for 2022 that the amount provided for the reporting period on sources of financing the state budget deficit amounted to 434 million manats, or 31.9% less, which is 2.1 times less than the funds received for the corresponding period of 2021.