Azerbaijan's 2022 state budget largest in 30-year history of independence deputy chairman of parliament


(MENAFN- Trend News Agency ) BAKU, Azerbaijan, Nov. 11

By Elchin Mehdiyev - Trend:

The state budget for 2022 is the largest in the 30-year history of Azerbaijan's independence, First Deputy Chairman of the Azerbaijani parliament, Chairman of the Parliamentary Law Policy and State Building Committee Ali Huseynli said at a joint meeting of the Law Policy and State Building Committee, Defence, Security and Counter-Corruption Committee, Committee for Human Rights, Committee for International Relations and Inter-Parliamentary Connexions of the Azerbaijani parliament and the Disciplinary Commission, Trend reports.

Huseynli said that Azerbaijan spent a lot of money during the second Armenia-Azerbaijan Karabakh War and after it.

“Despite this, the volume of the state budget for 2022 is a clear example of Azerbaijan's power,” Huseynli said.

The revenues of the Azerbaijani state budget next year, in accordance with the official forecasts, will reach about 26.8 billion manat ($15.8 billion), increase of 5.4 percent, compared to 2021.

At the same time, state budget expenditures are planned to reach 29.9 billion manat ($17.6 billion), which is by 4.7 percent more than this year.

MENAFN11112021000187011040ID1103148980


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.