He said the revenues will be increased by 1.9 billion manats (to 16.4 billion manats), while the expenses will be increased by 1.95 billion manats (to 18 billion manats).
"The deficit of the state budget is forecast to be at 1.5 billion manats," Sharifov said. "The main sources of covering the budget deficit are the savings at the end of last year, 1.4 billion manats, as well as the manat bonds, which are planned to be released on to the market this year."
Revenues, expenditures of state budget for 2016 to be increased
25 January 2016
Read: 1413
As part of the adjustment of forecasts Azerbaijan`s state budget for 2016, the profitable part will be increased by nearly 1.9 billion manats to 16.4 billion manats, expenses - 1.95 billion manats to 18 billion manats, Finance Minister Samir Sharifov said in an interview.
-1780923278.jpg&h=190&w=280&zc=1&q=100)
