Azerbaijan posts 28% growth in budget surplus

In January-April 2023, Azerbaijan’s budget revenues stood at 12.165 billion manats ($7.16 billion) and expenditures at 8,168.7 million manats ($4.8 billion), respectively, up 13.8% and 9.3% from the previous year, Report informs, citing the State Statistical Committee.

Consequently, the surplus amounted to 3,235.2 million manats ($1.9 billion), 28.4% more than the previous year.