State budget deficit makes AZN 51mln

  16 December 2015    Read: 1302
State budget deficit makes AZN 51mln
In January-October of this year the state budget revenues of Azerbaijan made AZN 13,874,100,000 and expenses stood at AZN 925,300,000.
The state budget was fulfilled with AZN 51,200,000-deficit (0.1% of GDP), the State Statistics Committee told.

"The revenues consisted of value added tax (19.1%), income tax of legal entities (13.9%), income tax of individuals (6.4%), excises (3.9%), other taxes (15.5%). Nontax receipts made 49.5% of revenues.

39% of budget funds were used for development and regulation of economy, 11.5% for social protection and social provision, 3.7% for health public, 37.8% for funding other spheres," the committee said.

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