(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 6. Azerbaijan may change
the price of oil barrel included in the 2023 state budget,
Azerbaijani Minister of Finance Samir Sharifov told reporters on
the sidelines of a conference themed "Heydar Aliyev and the
independent state building of Azerbaijan: the history and present
of socio-economic transition", trend reports.
"We believe there is certain ground for doing this," he
said.
The price of one barrel of oil in the state budget for 2023 is
set at $50.
The state budget surplus in the first quarter of 2023 amounted
to 1.7 billion manat ($1 billion). At the same time, state budget
revenues amounted to 8.2 billion manat ($4.8 billion), while
expenditures reached 6.5 billion manat ($3.8 billion).
In addition, the state budget revenues from the non-oil sector
from January through March 2023 totaled 4.43 billion manat ($2.6
billion), or 53.4 percent of the total state budget revenue, while
for the oil sector - 3.8 billion manat ($2.2 billion).
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