President Ilham Aliyev Approves Execution Of Azerbaijan's State Budget For 2023
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 2. President of the
Republic of Azerbaijan Ilham Aliyev has approved the law“On the execution of the
state budget of Azerbaijan for 2023”, Trend
reports.
Last year, the budget revenues amounted to 35.57 billion manat,
or $20.92 billion (an increase of 16 percent from 2022), the
revenue plan was fulfilled by 105 percent, the budget expenditures
equaled 36.45 billion manat, or $21.4 billion (an increase of 13.7
percent), and the expenditure plan was fulfilled by 99.5
percent.
The budget deficit amounted to 883.7 million manat ($519.8
million), or 0.7 percent of GDP.
Additionally, in this regard, the head of state signed a decree
on the implementation of the relevant law .
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