2015 state budget was executed by 88.2% on revenues, 84.3% on expenditures, Sharifov added.
More about:
Residue of treasure generated as at end of last year to be used
28 January 2016
Read: 975
According to outcomes of 2015, the residue of treasure made AZN 1.4 bln, Minister of Finance Samir Sharifov said at the press conference.
According to him, taking into account the oil price decline in 2014 and 2015, the budget expenditures will be reduced: “As a result of these steps, $2.2 bln was saved in foreign currency reserves of SOFAZ. 2015 state budget was executed only with AZN 633 mln-deficit instead of AZN 1.7 bln. That’s AZN 1.1 bln was saved in the expenditures part of the budget. These funds are planned to be used in 2016”.
2015 state budget was executed by 88.2% on revenues, 84.3% on expenditures, Sharifov added.
2015 state budget was executed by 88.2% on revenues, 84.3% on expenditures, Sharifov added.
-1780923278.jpg&h=190&w=280&zc=1&q=100)
