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 firstname.lastname@example.org)
August 18, 2017
Russia political and economic calendar: August 18
August 17, 2017
Medvedev offers condolences over Barcelona terror attack
Russia to help investigate Barcelona terror attack if Spain sends request - Slutsky (Part 2)
Putin extends condolences to King Felipe VI of Spain over Barcelona terrorist attack - Kremlin
PUTIN EXTENDS CONDOLENCES TO KING FELIPE VI OF SPAIN OVER BARCELONA TERRORIST ATTACK - KREMLIN
PUTIN: BARCELONA TERRORIST ATTACK PROVES NEED FOR REAL UNIFICATION OF EFFORT OF WHOLE INT'L COMMUNITY IN UNCOMPROMISING FIGHT AGAINST TERRORISM
Shaltay-Boltay hacker group leader refuses to appeal sentence - lawyer
Russian, Japanese deputy FMs discuss joint economic activity on Kuril Islands
Sobyanin shocked with terrorist attack in Spain, expresses support to Barcelona mayor
Israeli ambassador confirms support to Russia's involvement in Sobibor museum reconstruction committee at Russian FM - embassy
Russian Foreign Ministry resolutely condemns terrorist attack in Barcelona, sympathizes with Spanish people
Next extravehicular excursion by Russian cosmonauts planned in Jan 2018
Russian embassy verifying whether there are Russian citizens among people injured in Barcelona terrorist attack