July 21, 2014 13:18
Azerbaijani budget surplus at 2.1% of GDP in H1
BAKU. July 21 (Interfax) - The Azerbaijani budget posted a surplus of 615 million manat or 2.1% of GDP in H1 2014.
Revenue totaled 9.339 billion manat and spending amounted to 8.724 billion manat for a surplus of 615 million manat.
The plan for revenue was 101.6% fulfilled and spending - 94.7%
Tax revenue totaled 3.579 billion manat or 103.6% of the plan; revenues from customs duties was 732.8 million manat (100.2%); and transfers from the State Oil Fund were 4.884 billion manat (100.1%).
According to the Finance Ministry, budget spending on defense increased 24.5%, healthcare spending - 7.6%, transport and communications - 6.3%, housing and public utilities - 23.1% and education - 7.6%.
Spending on the social sector totaled 2.645 billion manat or 30.3% of all spending, which is 14.5% more than last year.
Capital investment by the state in construction and reconstruction of social and sports infrastructure and housing amounted to 1.057 billion manat and another 2.316 billion manat was invested in the construction and reconstruction of facilities for energy, water supply, gas supply, transport, communal and reclamation infrastructure.
The spending on projects in the Nakhchivan Autonomous Republic was 37.1 million manat in H1.
The 2014 budget targeted revenue at 18.384 billion manat and spending at 20.063 billion manat, for a deficit of 1.679 billion manat or 2.87% of GDP.
The official exchange rate on July 21 was 0.7843 manat/$1.
Cm jh pr of
(Our editorial staff can be reached at email@example.com)
August 29, 2015
Tajik Justice Ministry gave ten days to shut down Islamic Renaissance Party
Ulyanovsk region authorities confirm death of four people in remand center fire (Part 2)
Ulyanovsk region authorities confirm death of four people in remand center fire
Truce generally observed in Donbas on Saturday - Kyiv
Lukashenko urges Belarusians to wear domestically sewn trousers instead of ripped Gucci jeans
Wreck of German WWII sub U-362 found on bottom of Kara Sea
Mercenary inquiry opened against Stavropol neo-pagan group leader fighting for Kyiv
Russia's track and field athletics will have to build everything anew and prove it is possible to win without doping - Mutko
Putin expresses concern to Merkel and Hollande over Ukraine army's shelling of Donbas towns and villages - Kremlin (Part 2)
Almost all soldiers killed in 2014 'Ilovaisk pocket' identified - Ukraine's Defense Ministry
Putin expresses concern to Merkel and Hollande over Ukraine army's shelling of Donbas towns and villages - Kremlin
PUTIN, MERKEL AND HOLLANDE EXCHANGED OPINIONS ON ISSUES CONCERNING LOCAL ELECTIONS IN UKRAINE'S REGIONS - KREMLIN
PUTIN TELLS MERKEL AND HOLLANDE IT IS NECESSARY TO PROMOTE KYIV'S DIRECT DIALOGUE WITH REPRESENTATIVES OF DONETSK AND LUHANSK AND LIFT FINANCIAL AND ECONOMIC BLOCKADE OF DONBAS - KREMLIN