Azerbaijan state budget for 2020 to make up nearly AZN 27B

Azerbaijan’s state budget revenues for 2020 are forecasted at AZN 24,134,500,000, up 4.2% from 2019 forecast, Report informs citing the state and consolidated budget bills for next year.

Expenditures are expected to amount to AZN 26,913,700,000, up 6.8% from this year.

So, the budget deficit is expected to be AZN 2,779,200,000, which is 37.4% less than 2019.