Azerbaijan posts 12% growth in budget surplus

In January-June 2023, Azerbaijan’s budget revenues stood at 15.480 billion manats ($9.11 billion) and expenditures at 14,063.3 million manats ($8.27 billion), respectively, up 9% and 8.7% from the previous year, Report informs, citing the State Statistical Committee.

Consequently, the surplus amounted to 1,416.7 million manats ($0.83 billion), 11.6% more than the previous year.