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10/25 20:15   De Villepin proposes setting up permanent contact group for Ukraine
 
10/25 19:52   Ukraine Communist chief accuses govt of massive vote-rigging scheme
 
10/25 19:33   Ukraine leader warns against attempts at vote rigging through bribery
 
10/25 19:17   Ukraine Central Election Commission's IT system safe against hacking - official
 
10/25 18:56   Armenia, Azerbaijan leaders to reconvene over Nagorno-Karabakh - office
 
10/25 18:42   President rules out military solution to east Ukraine conflict
 
10/25 18:09   Putin statements about U.S. "critical" but "not anti-American" - lawmaker
 
10/25 17:57   Poroshenko says coalition pact ready for future parliament
 
10/25 17:33   Ukraine Central Election Commission officially denies votes will be counted manually
 
10/25 17:17   Info on manual vote counting after Ukraine polls wrong - Central Election Commission source
 




 

Interfax.com  |  Interfax news  |  Azerbaijani budget surplus at 2.1% of GDP in H1


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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 eng.editors@interfax.ru)

/Interfax/
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October 25, 2014
 
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19:52
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