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​Ministry: State budget was executed with a deficit of AZN 1 186.0 million

The budget deficit increased

Baku. 13 August. REPORT.AZ/ In January-July this year, the state budget revenues of Azerbaijan totaled AZN 7 007.5 million, while expenditures amounted to AZN 8 193.5 million.

Report informs citing the Ministry of Finance of Azerbaijan, the budget was executed with a deficit of AZN 1 186.0 million or 3,7% of GDP.

Notably, in January-June 2016 the state budget revenues of Azerbaijan totaled AZN 6 133.7 million, while expenditures amounted to AZN 6, 821.5 million, thus it formed a deficit of AZN 687.8 or 2.5% of GDP in the budget.

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