Budgetary burden of State Customs Committee will be sharply increased

Budgetary burden of State Customs Committee will be sharply increased Next year's budget revenues will be less by 5% in comparison with 2016
Finance
September 29, 2016 15:09
Budgetary burden of State Customs Committee will be sharply increased

Baku. 29 September. REPORT.AZ/ The forecasted revenues of the state budget 2017 will be 15.955 billion AZN, which is less by 867 mln AZN or 5.2% compared to 2016.

Report informs, the draft law "On the state budget of 2017" says.

According to the draft, 6.1 billion AZN of the budget revenues will be covered by the State Oil Fund of Azerbaijan (SOFAZ). The fund's budget commitment decreased 1.515 billion AZN or by 19.9% compared to the current year.

Also, 7.2 bln AZN of the budget revenues will be supplied by the Ministry of Taxes. This figure is more by 200 mln AZN or 2.9%  than in 2016.

Budgetary burden of the State Customs Committee increased 390 mln AZN or by 21.5% in comparison with this year and reached 2.2 bln AZN.

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