Budget deficit to GDP ratio reduced in Azerbaijan

Baku. 16 November. REPORT.AZ/ In January-October 2016, Azerbaijan's state budget revenues made 12 103.9 million AZN, expenditures 12 468.2 million AZN.

Report informs citing the Finance Ministry.

Deficit of 364.3 mln AZN or by 0.7% of gross domestic product occurred in the budget implementation.

Notably, in January-September 2016, state budget revenues made 10 103.1 mln AZN, expenditures 10 622.2 mln AZN, deficit of 519.1 mln AZN or by 1.2% of GDP occurred in the implementation of the budget.