Azerbaijani Parliament Adopts State Budget For 2025
Date
12/16/2024 3:08:23 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 16. The Azerbaijani
parliament session has discussed and adopted the third reading of
the draft law "On the state budget of Azerbaijan for 2025,"
Trend reports.
The amendments envisage growth of the revenues and expenditures
of the state and consolidated budgets for next year by 40 million
manat ($23.5 million).
Specifically, the state budget revenues will amount to 38.36
billion manat ($22.6 billion), and the expenditures will be 41.41
billion manat ($24.3 billion).
The consolidated budget revenues will reach 43.95 billion manat
($25.8 billion), with expenditures at 47.63 billion manat ($28.0
billion).
To note, the state budget of Azerbaijan recorded a notable
surplus from January through October 2024, whereas revenues surged
to over 31.5 billion manat ($18.5 billion), reflecting a 19.4
percent increase compared to the same period in the previous year,
while expenditures totaled approximately 28.1 billion manat ($16.5
billion), a 5.5 percent rise from the prior year.
MENAFN16122024000187011040ID1108996211
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.