Azerbaijani parliament approves state budget for 2020 in third reading

  29 November 2019    Read: 2388
 Azerbaijani parliament approves state budget for 2020 in third reading

The draft law “On Azerbaijan’s State Budget for 2020” has been submitted for discussion in the third reading during a plenary session of the country’s parliament on Friday.

Azerbaijan’s state budget revenues for 2020 are projected at 24.1 billion manat ($14.2 billion), and expenditures at 26.9 billion manat ($15.8 billion). Social expenditure will amount to 10.6 billion manat ($6.2 billion), which is 2.8 billion manat ($1.6 billion) or 37 percent more than this year.

After discussions, the state budget was adopted in the third reading.

 


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